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 4 December 2015 were:
1044.99p  Capital only and including debt at par value 
1034.76p  Capital only and including debt at fair value 
1056.79p  Including current year income and debt at par value 
1046.56p  Including current year income and debt at fair value 
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).