Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 26/08/2016) of £44.65m
Net Assets (including unaudited revenue reserves at 26/08/2016) of £33.92m
The Net Asset Value (NAV) at 26/08/2016 was:
			Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*		204.98p	16550000
Per Ordinary share (bid price) - excluding current period revenue*		201.32p
Ordinary share price		189.50p
Discount to NAV		(7.55)%
Ordinary shares have an undated life
ZDP share		126.22p	8500000
ZDP share price		134.50p
Premium to NAV		6.56%
ZDP shares are held in a subsidiary and have a redemption date of 08/01/2018
*Current period revenue covers the period 01/05/2015 to 26/08/2016

	Name of company	% of portfolio
1	Avesco Group Plc Ordinary 10p	3.55
2	Belvoir Lettings Plc Ordinary	3.35
3	Connect Group Plc Ordinary 5p	2.57
4	Coral Products Plc Ordinary 1p	2.50
5	Games Workshop Group Plc Ordinary 5p	2.34
6	McColl's Retail Group Plc Ordinary 0.1p	2.21
7	GLI Finance Ltd	2.16
8	Moss Bros Group Plc Ordinary 5p	2.10
9	Galliford Try Plc Ordinary 50p	2.09
10	Kier Group PLC Ordinary 1p	1.98
11	Alumasc Group (The) Plc Ordinary 12.5p	1.98
12	Shoe Zone (Holdings) Limited Ordinary 1p	1.97
13	Marston's Plc Ordinary 7.375p	1.96
14	Amino Technologies Plc GBp 1	1.96
15	Hansard Global Plc Ordinary 0.5p	1.90
16	Mucklow (A&J) Group Plc REIT 25p	1.89
17	Braemar Shipping Services Plc GBp 10	1.83
18	Photo-Me International Plc Ordinary 0.5p	1.80
19	Jarvis Securities Plc Ordinary 1p	1.78
20	Acal Plc Ordinary 5p	1.69