Final and Special Dividend 2016

To: RNS

From: The Scottish Investment Trust PLC

Date: 6 February 2017

Subject: Final and Special Dividend 2016

Dividend resolutions approved at the annual general meeting held on 3 February 2017.

The Scottish Investment Trust PLC will pay its final dividend of 8.25p per share for the year to 31 October 2016.

It was a strong year for income and the Company will also pay a special dividend of 9.00p per share. This, combined with the interim and final dividends, will result in a dividend totalling 22.50p per share for the year, an increase of 40.6% on the total dividend of the previous year.

The final and special dividends will be paid on 17 February 2017 to shareholders registered at the close of business on 13 January 2017.

The Company has increased its regular dividend for the 33rd consecutive year.