Purchase of Own Securities

SCOTTISH AMERICAN INVESTMENT COMPANY PLC 18 August 1999 The Scottish American Investment Company plc (the 'Company') Repurchase of Ordinary Shares for cancellation The Scottish American Investment Company plc announces that on 17 August, 1999, it purchased for cancellation 250,000 ordinary shares in the market at a price of 246.5p per ordinary share. Enquiries: Teddy Tulloch, Stewart Ivory & Co. 0131 226 3271 Angus Gordon Lennox, Cazenove & Co. 0171 588 2828
UK 100

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