Transaction in Own Shares

To: RNS

From: The Scottish Investment Trust PLC

Date: 3 October 2016

On 3 October 2016 the company purchased in the market for cancellation 50,000 shares of 25p at a price of 711.5p each. Upon cancellation the issued share capital will be 97,480,426 shares of 25p.

The above figure (97,480,426) is the total number of voting rights in the company and may be used by shareholders as the denominator for the calculations of their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Gordon Humphries / Philip Rorke

0131 550 3758 / 3762

R&H Fund Services Limited