Purchase of Own Securities

Scottish American Investment Co PLC 9 December 1999 The Scottish American Investment Company plc Repurchase of Ordinary Shares for Cancellation The Scottish American Investment Company plc announces that on 9th December, 1999, it purchased for cancellation 175,000 ordinary shares in the market at a price of 252.5 per ordinary share. There remains 168,940,943 ordinary shares in issue.
UK 100

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