Purchase of Own Securities

Scottish American Investment Co PLC 23 November 2001 The Scottish American Investment Company plc Repurchase of ordinary shares for cancellation The Scottish American Investment Company plc announces that on 23 November 2001 it purchased for cancellation 100,000 ordinary shares in the market at a price of 1921/2p per ordinary share. There remain 148,154,943 ordinary shares in issue. END.
UK 100

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