Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
22 August 2007


Scottish Mortgage Investment Trust PLC                                                                   21 August 2007

                                                            Net Asset Value with borrowings at par              634.19p

                                                     Net Asset Value with borrowings at fair value              611.11p


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