RNS Number:2282L
Scottish American Investment Co PLC
16 May 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 15th May 2003 was 165.40p.







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

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