Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
21 January 2008


Scottish Mortgage Investment Trust PLC                                                                  18 January 2008

                                                           Net Asset Value with borrowings at par               666.61p

                                                    Net Asset Value with borrowings at fair value               643.52p


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