Purchase of Own Securities

Scottish Mortgage & Trust PLC 20 March 2000 ON 20 MARCH 2000, THE COMPANY PURCHASED FOR CANCELLATION 3,600,000 ORDINARY SHARES AT A PRICE OF 492.00P, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 21,579,000. THERE REMAINS 339,141,000 SHARES IN ISSUE.
UK 100

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