Dividend Declaration

RNS Number : 3070D

Scottish American Investment Co PLC

14 May 2012

The Scottish American Investment Company P.L.C. ("SAINTS")

First interim dividend for 2012

The Board of SAINTS announces that it is declaring a first interim dividend of 2.40p (up 2.1% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2012, payable on 29 June 2012 to shareholders on the register at the close of business on 1 June 2012. The ex-dividend date is 30 May 2012. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 8 June 2012.

Baillie Gifford & Co

Company Secretaries

14 May 2012