Purchase of Own Securities

Scottish American Investment Co PLC
21 August 2002





Scottish American Investment Company plc



Repurchase of ordinary shares for cancellation



The Scottish American Investment Company plc announces that on 21 August 2002 it
purchased for cancellation 100,000 ordinary shares in the market at a price of
155p per ordinary share. There remain 138,872,943 ordinary shares in issue.

END.







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