Net Asset Value(s)

BLACKROCK SMALLER COMPANIES TRUST PLC
549300MS535KC2WH4082

The unaudited net asset values for BlackRock Smaller Companies Trust plc at
close of business on 12 August 2020 were:

1430.20p  Capital only and including debt at par value
1411.42p  Capital only and including debt at fair value
1434.03p  Including current year income and debt at par value
1415.24p  Including current year income and debt at fair value

Notes:

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

2.        Following the share issuance of 100,000 ordinary shares on 10th
January 2020, the Company has 48,829,792 ordinary shares in issue, excluding
1,163,731  which are held in treasury.

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).