Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
01 August 2006



                                 Scottish Mortgage Investment Trust PLC                                    31 July 2006

                                                                  Net Asset Value with borrowings at par        552.63p

                                                           Net Asset Value with borrowings at fair value        527.23p


   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