Purchase of Own Securities

Scottish American Investment Co PLC
15 February 2000


The Scottish American Investment Company plc

Repurchase of Ordinary Shares for cancellation

The Scottish American Investment Company plc announces that on
15th February, 2000, it purchased for cancellation 180,000
ordinary shares in the market at a price of 252p per ordinary
share.  There remains 163,385,943 ordinary shares in issue.