Purchase of Own Securities

Scottish Mortgage & Trust PLC 15 May 2000 ON 15 MAY 2000, THE COMPANY PURCHASED FOR CANCELLATION 430,000 ORDINARY SHARES AT A PRICE OF 454.00P, BRINGING THE TOTAL NUMBER OF SHARES BOUGHT BACK TO 23,094,000. THERE REMAINS 337,626,000 SHARES IN ISSUE.
UK 100

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