Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 21/10/2016) of £45.12m
Net Assets (including unaudited revenue reserves at 21/10/2016) of £34.29m
The Net Asset Value (NAV) at 21/10/2016 was:
			Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*		207.21p	16550000
Per Ordinary share (bid price) - excluding current period revenue*		203.28p
Ordinary share price		197.25p
Discount to NAV		(4.81)%
Ordinary shares have an undated life
ZDP share		127.35p	8500000
ZDP share price		134.50p
Premium to NAV		5.61%
ZDP shares are held in a subsidiary and have a redemption date of 08/01/2018
*Current period revenue covers the period 01/05/2016 to 21/10/2016

	Name of company	% of portfolio
1	Avesco Group Plc Ordinary 10p	4.68
2	Belvoir Lettings Plc Ordinary	3.62
3	Coral Products Plc Ordinary 1p	2.61
4	Games Workshop Group Plc Ordinary 5p	2.53
5	Galliford Try Plc Ordinary 50p	2.39
6	McColl's Retail Group Plc Ordinary 0.1p	2.37
7	Moss Bros Group Plc Ordinary 5p	2.32
8	Connect Group Plc Ordinary 5p	2.19
9	Kier Group PLC Ordinary 1p	2.12
10	Mucklow (A&J) Group Plc REIT 25p	2.05
11	Amino Technologies Plc GBp 1	2.03
12	GLI Finance Ltd	2.01
13	Alumasc Group (The) Plc Ordinary 12.5p	1.87
14	Marston's Plc Ordinary 7.375p	1.84
15	Photo-Me International Plc Ordinary 0.5p	1.76
16	StatPro Group Plc Ordinary 1p	1.74
17	Dee Valley Group Plc Ordinary 5p	1.69
18	Jarvis Securities Plc Ordinary 1p	1.65
19	Acal Plc Ordinary 5p	1.63
20	St.Ives Plc Ordinary 10p	1.59