Net Asset Value(s)

RNS Number:0346U
American Investment Trust Limited
8 January 2004


Aberdeen Asset Management Limited announces the unaudited net asset values of 
the following Investment Trusts as at close of business on 07 January 2004

                                                                    
American Investment Trust                0.00p      XD Ordinary 
American Investment Trust                37.810p    ZDP         
American Investment Trust**              0.00p      XD Annuity  

**"As disclosed in the recently published 2002 Annual Report, in the
event of a winding up of the Company, the Articles of Association
give a priority participation right in the assets of the Company to
holders of Annuity Shares, after payment of the liabilities and
satisfying the claims of creditors (including payment of amounts due
to American ZDP Limited in respect of its liability on the Zero
Dividend Preference Shares). Any surplus is used to pay 1p per share
to Annuity shareholders, together with arrears of dividends not
declared. At present valuations, no such surplus would be available."
 

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

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