Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
03 January 2008


Scottish Mortgage Investment Trust PLC                                                                   2 January 2008

                                                            Net Asset Value with borrowings at par              756.10p

                                                     Net Asset Value with borrowings at fair value              733.95p


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