Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
02 April 2007


                                Scottish Mortgage Investment Trust PLC                                    30 March 2007

                                                                 Net Asset Value with borrowings at par         625.57p

                                                          Net Asset Value with borrowings at fair value         601.64p


   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