RNS Number:3238S
Scottish American Investment Co PLC
20 November 2003



THE SCOTTISH AMERICAN INVESTMENT COMPANY PLC

First State Investment Management (UK) Limited, managers of The Scottish
American Investment Company PLC (SAINTS) announce that the unaudited Net Asset
Value of SAINTS' Ordinary shares as at 19th November 2003 was 178.85p.







                      This information is provided by RNS
            The company news service from the London Stock Exchange

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