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Appointment of new Director

The Board of The Scottish Investment Trust PLC (‘the Company’) is pleased to announce the appointment of Mr. Neil Rogan as a non-executive director of the Company with effect from 10 September 2019.

Mr. Rogan has broad experience of investment companies both as an investment manager and as a non-executive director. He was Head of Global Equities at Gartmore with sole responsibility for
Gartmore Global Focus Fund. At Jardine Fleming Investment Management and Fleming Investment Management, he was the lead manager of Fleming Far Eastern Investment Trust for many years. He was appointed a non-executive director of Murray Income Trust plc in 2013 and became its Chairman in November 2017. He was appointed a non-executive director of Invesco Asia Trust plc in September 2017 and became its Chairman in July 2018. Mr. Rogan does not currently hold any of the Company’s ordinary shares.

There is no information to disclose in respect of paragraphs 9.6.13(2) to 9.6.13(6) of the Financial Conduct Authority’s Listing Rules.

The Board also announces that Russell Napier, who has been a non-executive director of the Company since July 2009, will not stand for re-election at the Annual General Meeting to be held in February 2020.