Purchase of Own Securities

Scottish American Investment Co PLC 30 October 2001 The Scottish American Investment Company plc Repurchase of ordinary shares for cancellation The Scottish American Investment Company plc announces that on 30th October, 2001 it purchased for cancellation 100,000 ordinary shares in the market at a price of 181p per ordinary share. There remain 148,704,943 ordinary shares in issue. END.
UK 100

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