RNS Number:6362J
Scottish American Investment Co PLC
03 April 2003


Scottish American Investment Company plc

Repurchase of ordinary shares for cancellation

The Scottish American Investment Company plc announces that on 3 April 2003 it
purchased for cancellation 100,000 ordinary shares in the market at a price of
120p per ordinary share. There remain 135,872,943 ordinary shares in issue.

END.

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