Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
29 June 2006


Scottish Mortgage Investment Trust PLC                                                                     28 June 2006

                                                                   Net Asset Value with borrowings at par       545.00p

                                                          Net Asset Value with borrowings at market value       520.61p


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