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Scot.Inv.Trust PLC (SCIN)

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Tuesday 24 October, 2006

Scot.Inv.Trust PLC

Director/PDMR Shareholding

Scottish Investment Trust PLC
24 October 2006



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS


1. Name of the issuer

The Scottish Investment Trust PLC


2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii)

(i)


3. Name of person discharging managerial responsibilities/director

John Kennedy


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

N/A


5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

Person referred to in 3 above


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

Ordinary stock units of 25p


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

HSDL Nominees Ltd


8 State the nature of the transaction

Sale


9. Number of shares, debentures or financial instruments relating to shares
acquired




10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)




11. Number of shares, debentures or financial instruments relating to shares
disposed

5260


12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

Negligible


13. Price per share or value of transaction

5260 @ 451.75p


14. Date and place of transaction

23 October 2006

On London Stock Exchange.


15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

25,853 (0.02%)


16. Date issuer informed of transaction

24 October 2006

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes


17. Date of grant



18. Period during which or date on which it can be exercised



19. Total amount paid (if any) for grant of the option



20. Description of shares or debentures involved (class and number)



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise



22. Total number of shares or debentures over which options held following
notification



23. Any additional information



24. Name of contact and telephone number for queries

Steven Hay

0131 225 7781


Name and signature of duly authorised officer of issuer responsible for making
notification

Steven Hay


Date of notification

24 October 2006


END



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