BAILLIE GIFFORD SHIN NIPPON PLC
("The Company")
Legal Entity Identifier: X5XCIPCJQCSUF8H1FU83
Reduction in Management Fees
The Board of Baillie Gifford Shin Nippon PLC is pleased to announce a reduction in the annual management fee payable to Baillie Gifford & Co Limited, the Company's Managers and Secretaries. With effect from 1 January 2019 the Company's annual management fee will be calculated at 0.75% on the first £50m of net assets, 0.65% on the next £200m of net assets and 0.55% on the remainder. The fees are calculated and paid on a quarterly basis.
Baillie Gifford & Co Limited
Company Secretaries
17 December 2018
