Scottish Investment Trust plc announced that James Will has been appointed as a non-executive director of the company with effect from 1 May 2013. Mr. Will is Chairman of Shepherd and Wedderburn LLP where he is a senior corporate partner. Mr. Will is a member of the Council of CBI Scotland and is a director of Northern Lighthouse Heritage Trust.

Scottish Investment Trust plc, Annual General Meeting, Jan 25, 2013., at 10:30 GMT Standard Time. Location: The Royal College of Physicians of Edinburgh. Agenda: To consider receive and consider the directors' report and statement of accounts for the year to October 31, 2012; to consider and approve the director's remuneration report for the year to October 31, 2012; to consider and declare a final dividend of 6.65 pence per share; to consider and re-elect Mr. Douglas McDougall as a director; to consider and re-elect Mr. Francis Finlay as a director; to consider and re-elect Mr. Hamish Buchan as a director; to consider and re-elect Mr. James MacLeod as a director; to consider and re-elect Mr. Russel Napier as a director; to consider and re-appoint Deloitte LLP as auditor and to authorize the directors to fix their remuneration; and to consider and authorize the company.

Scottish Investment Trust plc announced unaudited earnings results for the year ended October 31, 2012. For the year, net return before finance costs and taxation was GBP 61,642,000 against GBP 7,911,000 for the same period a year ago. Return on ordinary activities before tax was GBP 53,921,000 against GBP 1,485,000 for the same period a year ago. Return attributable to shareholders was GBP 52,836,000 against GBP 144,000 for the same period a year ago. Return per share 46.80 pence against 0.12 pence for the same period a year ago. Net cash inflow from operating activities was GBP 14,009,000 against GBP 14,736,000 for the same period a year ago. The net asset value per share (NAV) total return for the year to October 31, 2012 was 8.4% (with borrowings at market value) which compares to the 9.4% sterling total return of the global FTSE All-World Index and 9.8% from the UK FTSE All-Share Index. The board is recommending a final dividend of 6.65 pence per share against 5.80 pence for the same period a year ago. If approved, taken together with the interim dividend of 4.60 pence per share against 4.60 pence for the same period a year ago, this will result in an increase of 8.2% in the total dividend for the year to 11.25 pence per share against 10.40 pence for the same period a year ago, which compares with October UK CPI inflation of 2.7% and RPI of 3.2%. If the proposal is approved, the company will have increased its dividend in each of the last 29 years. The final dividend is payable on February 4, 2013 to shareholders registered at January 4, 2013.