Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
23 August 2006


                                Scottish Mortgage Investment Trust PLC                                   22 August 2006

                                                                Net Asset Value with borrowings at par          561.83p

                                                         Net Asset Value with borrowings at fair value          536.13p


  All Net Asset Values are calculated using closing bid market price from the London Stock Exchange




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