Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
03 September 2007


Scottish Mortgage Investment Trust PLC                                                                   31 August 2007

                                                            Net Asset Value with borrowings at par              670.09p

                                                     Net Asset Value with borrowings at fair value              647.19p


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