Purchase of Own Securities

Scottish American Investment Co PLC 8 August 2001 The Scottish American Investment Company plc Repurchase of ordinary shares for cancellation The Scottish American Investment Company plc announces that on 7 August 2001 it purchased for cancellation 200,000 ordinary shares in the market at a price of 209.25p per ordinary share. There remain 151,879,943 ordinary shares in issue. END
UK 100

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