Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 28/10/2016) of £45.01m
Net Assets (including unaudited revenue reserves at 28/10/2016) of £34.17m
The Net Asset Value (NAV) at 28/10/2016 was:
				Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*			206.49p	16550000
Per Ordinary share (bid price) - excluding current period revenue*			201.64p
Ordinary share price			192.00p
Discount to NAV			(7.02)%
Ordinary shares have an undated life
ZDP share			127.50p	8500000
ZDP share price			134.50p
Premium to NAV			5.49%
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 28/10/2016

	Name of company		% of portfolio
1	Avesco Group Plc Ordinary 10p		4.60
2	Belvoir Lettings Plc Ordinary		3.81
3	Coral Products Plc Ordinary 1p		2.68
4	Games Workshop Group Plc Ordinary 5p		2.52
5	McColl's Retail Group Plc Ordinary 0.1p		2.28
6	Moss Bros Group Plc Ordinary 5p		2.26
7	Galliford Try Plc Ordinary 50p		2.21
8	Connect Group Plc Ordinary 5p		2.16
9	Kier Group PLC Ordinary 1p		2.12
10	Amino Technologies Plc GBp 1		2.04
11	Mucklow (A&J) Group Plc REIT 25p		2.01
12	GLI Finance Ltd		1.97
13	Alumasc Group (The) Plc Ordinary 12.5p		1.95
14	Shoe Zone (Holdings) Limited Ordinary 1p		1.82
15	Marston's Plc Ordinary 7.375p		1.80
16	StatPro Group Plc Ordinary 1p		1.75
17	Photo-Me International Plc Ordinary 0.5p		1.71
18	Dee Valley Group Plc Ordinary 5p		1.69
19	Hansard Global Plc Ordinary 0.5p		1.67
20	Jarvis Securities Plc Ordinary 1p		1.67