Net Asset Value(s)

Scottish Mortgage Inv Tst PLC
19 March 2007


The issuer advises that the following replaces the Net Asset Value announcement released
today at 99.99pm under RNS number XXXXX

Scottish Mortgage Investment Trust PLC                                                                    16 March 2007

                                                                  Net Asset Value with borrowings at par        602.12p

                                                           Net Asset Value with borrowings at fair value        576.93p


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