Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
01 November 2006



                               Scottish Mortgage Investment Trust PLC                                   31 October 2006

                                                               Net Asset Value with borrowings at par           593.18p

                                                        Net Asset Value with borrowings at fair value           567.19p


  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