Dividend Declaration

To: Stock Exchange                            For immediate
                                              release:
                                              12 March 2007


                        Securities Trust of Scotland plc
               Interim dividend for the year ending 31 March 2007


The directors have announced today that the company will pay an interim dividend
for the year ending 31 March 2007 of 1.05p per share.  This dividend will be
paid on 05 April 2007 to shareholders on the register on 23 March 2007.




                                    - ends -

For further information, please contact:


Ross Watson
Martin Currie Investment Management     0131 229 5252
Ltd
[e-mail]