Director Shareholding

Baillie Gifford Shin Nippon PLC
03 August 2004

Schedule 11 - Notification of interests of Directors and Connected Persons.

 1. Name of Company:

BAILLIE GIFFORD SHIN NIPPON PLC

 2. Name of Director:

MR IAN MCLEISH

 3. Please state whether notification indicates that it is in respect of holding
    of the director named in 2 above or holding of that person's spouse or
    children under the age of 18 or in respect of a non-beneficial interest:

BENEFICIAL

 4. Name of registered holder(s) and, if more than one holder, the number of
    shares held by each of them (if notified):

MR IAN MCLEISH

 5. Please state whether notification relates to a person(s) connected with the
    director named in 2 above and identify the connected person(s):



 6. Please state the nature of the transaction. For PEP transactions please
    indicate whether general/single co PEP and if discretionary/non
    discretionary:

BENEFICIAL

 7. Number of shares/amount of stock acquired.

2,088

 8. Percentage of issued class:

0.01%

 9. Number of shares/amount of stock disposed:



10. Percentage of issued class:



11. Class of security:

ORDINARY 10P SHARES

12. Price per share:

156.90p

13. Date of transaction:

30 JULY 2004

14. Date company informed:

02 AUGUST 2004

15. Total holding following this notification:

22,169

16. Total percentage holding of issued class following this notification:

0.07%

      17. Contact Name: Simon Marriott, Baillie Gifford & Co., 0131 275 3177








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