RNS Number:4210T
Scottish American Investment Co PLC
18 December 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 17th December 2003 was 179.18p.







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

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