Purchase of Own Securities

Scottish American Investment Co PLC
08 August 2002



Scottish American Investment Company plc

Repurchase of ordinary shares for cancellation

8 August 2002

The Scottish American Investment Company plc announces that on 7 August 2002 it
purchased for cancellation 100,000 ordinary shares in the market at a price of
144.5p per ordinary share. There remain 138,972,943 ordinary shares in issue.

END.


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