Net Asset Value(s)

NET ASSET VALUE

BLACKROCK SMALLER COMPANIES TRUST PLC


The unaudited net asset values for BlackRock Smaller Companies Trust plc at close 
of business on 16 June 2015 were:

 1022.18p   Capital only and including debt at par value
 1014.76p   Capital only and including debt at fair value
 1032.67p   Including current year income and debt at par value XD
 1025.25p   Including current year income and debt at fair value XD

Notes:

1.	Investments have been valued on a bid price basis.

2.	The total number of ordinary shares in issue excluding treasury shares 
is 47,879,792.  The total amount of ordinary shares held in treasury is 2,113,731.

3.	For the latest daily net asset value, previous month end performance 
statistics, asset allocation and ten largest holdings of the BlackRock managed 
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).