SGEM Scotgems Plc

Date:     12 October 2021

ScotGems plc

LEI:                         549300GQHCPU9P1NYM13

Net Asset Values

ScotGems plc announces the unaudited net asset values ("NAVs") of the Company as at the close of business on 11 October 2021.

91.89 pence per share (excluding income)

93.68 pence per share (including income)

For further information, please contact:

Juniper Partners Limited

Company Secretary

0131 378 0500