Interim report and accounts

Securities Trust of Scotland plc
                 Stock Exchange Announcement - 23 November 2004

The company has today filed with the UK Listing Authority copies of the interim
report for the six months ended 30 September 2004.

These will be available shortly through the UK Listing Authority's Document
Viewing Facility, which can be found at The Financial Services Authority, 25 The
North Colonnade, Canary Wharf, London E14 5HS.