Baillie Gifford Shin Nippon PLC

18 May 2017

Legal Entity Identifier : X5XCIPCJQCSUF8H1FU83

Net Asset Value with borrowings at par - including current year income

634.05p

Net Asset Value with borrowings at fair value - including current year income

632.48p

Net Asset Value with borrowings at par - excluding current year income

633.45p

Net Asset Value with borrowings at fair value - excluding current year income

631.88p

Net Asset Values are calculated in accordance with published accounting policies and AIC guidelines