RNS Number:4333T
Baillie Gifford Shin Nippon PLC
18 December 2003


                     N.A.V for Baillie Gifford Shin Nippon PLC as at 17 December 2003

                                                                              130.48p

                                                                          No Dilution

                                                              No Dilution under FRS14




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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