Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
26 June 2006


Scottish Mortgage Investment Trust PLC                                                                     23 June 2006

                                                                   Net Asset Value with borrowings at par       544.70p

                                                          Net Asset Value with borrowings at market value       520.28p


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