RNS Number:3456U
Scottish Investment Trust PLC
16 January 2004


On 16 January 2004 the company purchased in the market for cancellation
1,000,000 ordinary stock units of 25p at a price of 276.25p each.  This brings
the total number of ordinary stock units bought back to date to 74,137,601.
Upon cancellation the issued ordinary capital will be 209,304,399 ordinary stock
units of 25p.






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