Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
31 January 2008


Scottish Mortgage Investment Trust PLC                                                                  30 January 2008

                                                           Net Asset Value with borrowings at par               658.39p

                                                    Net Asset Value with borrowings at fair value               636.41p


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