Result of AGM

Scottish Mortgage Inv Tst PLC
01 July 2005



                     SCOTTISH MORTGAGE INVESTMENT TRUST PLC

                      Annual General Meeting, 30 June 2005

 At the AGM held on 30 June 2005 all resolutions were passed, including those
detailed below:



•  Shareholders authorised the Company to renew its share buy back authority.
     Shareholders approved a special resolution renewing the Company's authority 
     to make market purchases of up to 14.99 per cent of the Company's issued 
     share capital, being 44,066,869 ordinary shares of 25p.



•  Amendments to the Company's Articles of Association relating to increasing 
   the ceiling on the Chairman's and the Directors' fees were approved.




A copy of the resolutions detailing the amendments to the Articles of
Association has been submitted to the UK Listing Authority and will shortly be
available for inspection at the UK Listing Authority's document viewing
facility, which is situated at:





Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. no. 020 7066 1000

                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                    01 July 2005




                      This information is provided by RNS
            The company news service from the London Stock Exchange