Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
03 January 2007


Scottish Mortgage Investment Trust PLC                                                                   2 January 2007

                                                                 Net Asset Value with borrowings at par         611.89p

                                                          Net Asset Value with borrowings at fair value         586.79p


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