Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
13 December 2007


Scottish Mortgage Investment Trust PLC                                                                 12 December 2007

                                                          Net Asset Value with borrowings at par                754.67p

                                                   Net Asset Value with borrowings at fair value                732.99p


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