RNS Number:6542T
Baillie Gifford Shin Nippon PLC
24 December 2003


                     N.A.V for Baillie Gifford Shin Nippon PLC as at 23 December 2003

                                                                              132.98p

                                                                          No Dilution

                                                              No Dilution under FRS14




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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