Purchase of Own Securities

SCOTTISH MORTGAGE & TRUST PLC 26 August 1999 ON 25 AUGUST 1999, THE COMPANY PURCHASED FOR CANCELLATION 100,000 ORDINARY SHARES AT A PRICE OF 411P PER SHARE, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 4,065,000. THERE REMAINS 356,655,000 SHARES IN ISSUE.
UK 100

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