Securities Trust of Scotland plc ("the Company")

Total Voting Rights and Share Capital - 1 December 2016

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("FCA DTR"), the total number of ordinary shares of the Company in issue as at the date and time of this notice is 112,162,368 with each share carrying the right to one vote. In addition there are 10,136,780 shares held in Treasury.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company in accordance with the FCA DTR.

Paul Evitt

On behalf of Martin Currie Investment Management Limited

Company Secretary