Scottish American Investment Co PLC
2 May 2001
The Scottish American Investment Company plc (the 'Company')
Repurchase of ordinary shares for cancellation
The Scottish American Investment Company plc announces that on 1 May, 2001 it
purchased for cancellation 250,000 ordinary shares in the market at a price of
234p per ordinary share. There remain 155,140,943 ordinary shares in issue.
END
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