Dividend Declaration

To: Stock Exchange                            For immediate
                                              release:
                                              28 February 2006


                        Securities Trust of Scotland plc
               Interim dividend for the year ending 31 March 2006


The directors have announced today that the company will pay an interim dividend
for the year ending 31 March 2006 of 1.0p per share.  This dividend will be paid
on 31 March 2006 to shareholders on the register on 10 March 2006.

The board anticipates declaring a second interim dividend of at least 1.7p per
share for the period ending 31 March 2006, payable in June.




                                    - ends -

For further information, please contact:


Ross Watson or Michael Woodward
Martin Currie Investment Management     0131 229 5252
Ltd
[e-mail] /
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