Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
17 January 2008


Scottish Mortgage Investment Trust PLC                                                                  16 January 2008

                                                           Net Asset Value with borrowings at par               675.60p

                                                    Net Asset Value with borrowings at fair value               652.54p


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