Net Asset Value(s)

Aberforth Smaller Companies Trust plc ("ASCOT")

The Net Asset Values ("NAVs") per Ordinary Share for the above company as at the close of business on 5 September 2023 were:-

Excluding current year Revenue = 1,381.47p

Including ALL Revenue = 1,412.60p

ASCOT has bank debt facilities available to allow gearing of up to 11.5% of Shareholders' Funds.  Current gearing is 3.5%.  There are currently 84,514,605 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: [phone]

6 September 2023

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