Purchase of Own Securities

Scottish American Investment Co PLC 20 December 2001 The Scottish American Investment Company plc Repurchase of ordinary shares for cancellation The Scottish American Investment Company plc announces that on 20 December 2001 it purchased for cancellation 100,000 ordinary shares in the market at a price of 187.5p per ordinary share. There remain 147,454,943 ordinary shares in issue. END
UK 100

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