Purchase of Own Securities

Scottish American Investment Co PLC 1 February 2001 Scottish American Investment Company PLC Repurchase of Ordinary Shares for Cancellation The Scottish American Investment Company PLC announces that on 31st January 2001 it purchased for cancellation 100,000 ordinary shares in the market at a price of 263.5p per ordinary share. There remain 156,115,943 ordinary shares in issue. END
UK 100

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