Dividend Declaration

Scottish American Investment Co PLC 11 April 2001 THE SCOTTISH AMERICAN INVESTMENT COMPANY PLC Interest on the Equities Index Unsecured Loan Stock 2004 for the period 1st January to 31st March 2001 has been calculated at pounds sterling 21.95 per 1,000 units of stock. Interest will be paid on 17th April 2001 to holders registered on 31st March 2001.
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