Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
24 May 2007


                                 Scottish Mortgage Investment Trust PLC                                     23 May 2007

                                                                   Net Asset Value with borrowings at par       671.54p

                                                            Net Asset Value with borrowings at fair value       649.15p


    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