RNS Number:1145M
Scottish American Investment Co PLC
10 June 2003


The Scottish American Investment Company P.L.C.

CHANGE OF ADVISER


10th June 2003


The Directors of The Scottish American Investment Company P.L.C. are pleased to
announce the appointment today of Close Brothers Securities as corporate broker
to the Company, with immediate effect.


Enquiries:

Lucy Allan, First State Investment Management (UK) Limited
Tel: 020 7332 6573

Tom Durie, Close Brothers Securities
Tel. 020 7621 5564


Note: Close Brothers Securities is a division of Winterflood Securities Limited




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