Purchase of Own Securities

Scottish Mortgage & Trust PLC 9 June 2000 ON 09 JUNE 2000, THE COMPANY PURCHASED FOR CANCELLATION 190,000 ORDINARY SHARES AT A PRICE OF 474.00P, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 24,529,000. THERE REMAINS 336,191,000 SHARES IN ISSUE.
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