Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
02 January 2008


Scottish Mortgage Investment Trust PLC                                                                 31 December 2007

                                                          Net Asset Value with borrowings at par                755.41p

                                                   Net Asset Value with borrowings at fair value                733.26p


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