Baillie Gifford US Growth Trust plc

Legal Entity Identifier: 213800UM1OUWXZPKE539

Issue of Equity

The Board of Baillie Gifford US Growth Trust plc (the "Company") announces that, pursuant to its block listing facility, the Company has issued 425,000 ordinary shares of 1p each (the "New Shares") on 07 April 2020 in order to meet ongoing market demand.  The New Shares, which rank pari passu with the Company's existing shares, were issued for cash at a price of 143p per ordinary share and at a premium to the prevailing net asset value.

As a result of this issue, the total number of ordinary shares in issue is 251,360,000 and the total number of voting rights in the Company is 251,360,000.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Baillie Gifford & Co Limited

Company Secretaries

7 April 2020

Regulated Information Classification: Acquisition or disposal of the issuer's own shares