Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
18 October 2007


Scottish Mortgage Investment Trust PLC                                                                  17 October 2007

                                                           Net Asset Value with borrowings at par               756.92p

                                                    Net Asset Value with borrowings at fair value               734.73p


All Net Asset Values are calculated using closing bid market prices


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