Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
01 November 2007


Scottish Mortgage Investment Trust PLC                                                                  31 October 2007

                                                           Net Asset Value with borrowings at par               757.39p

                                                    Net Asset Value with borrowings at fair value               734.03p


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