Repurchase of ordinary shares

Scottish American Investment Co PLC
26 March 2002


Scottish American Investment Company plc

Repurchase of ordinary shares for cancellation


The Scottish American Investment Company plc announces that on 26 March 2002 it
purchased for cancellation 150,000 ordinary shares in the market at a price of
195p per ordinary share. There remain 142,589,943 ordinary shares in issue.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
    

POSDGGZFNVMGZZM