The Baillie Gifford Japan Trust PLC

29 November 2017

Legal Entity Identifier : 54930037AGTKN765Y741

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

769.55p

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

765.35p

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

767.05p

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

762.86p

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