Purchase of Own Securities

Scottish Mortgage & Trust PLC 30 November 1999 ON 29 NOVEMBER 1999, THE COMPANY PURCHASED FOR CANCELLATION 50,000 ORDINARY SHARES AT A PRICE OF 461.00P, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 5,540,000. THERE REMAINS 355,180,000 SHARES IN ISSUE.
UK 100

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