Dividend Notification

Scottish American Investment Co PLC
12 April 2000

1st QUARTERLY DIVIDEND
SECURITY TITLE
*Ord Shs.
MNEMONIC CODE           *SCAM
SEDOL CODE              *787-369
DIVIDEND AMOUNT         *1.38p
PROVISIONAL EX DATE     *22-05-00
RECORD DATE             *26-05-00
PAYMENT DATE            *03-07-00
NOTES *