DISCLAIMER

Please be aware that due to changing stock market conditions and currency exchange rates, the value of an investment in Scottish Mortgage Investment Trust and any income from it can fall as well as rise. You may not get back the amount invested and past performance is not a guide to future performance. Before viewing this interview you should visit www.bailliegifford.com and go to the Scottish Mortgage page where you can find out more information about the trust and the risks involved.