Purchase of Own Securities

Scottish Mortgage & Trust PLC 25 August 2000 ON 24 AUGUST 2000, THE COMPANY PURCHASED FOR CANCELLATION 100,000 ORDINARY SHARES AT A PRICE OF 474.00P, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 26,743,633. THERE REMAINS 333,976,367 SHARES IN ISSUE.
UK 100

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