Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 31/08/2016) of £44.68m
Net Assets (including unaudited revenue reserves at 31/08/2016) of £33.94m
The Net Asset Value (NAV) at 31/08/2016 was:
		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	205.09p	16550000
Per Ordinary share (bid price) - excluding current period revenue*	201.46p
Ordinary share price	190.00p
Discount to NAV	(7.36)%
Ordinary shares have an undated life
ZDP share	126.32p	8500000
ZDP share price	134.50p
Premium to NAV	6.47%
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 31/08/2016

	Name of company	% of portfolio
1	Avesco Group Plc Ordinary 10p	3.55
2	Belvoir Lettings Plc Ordinary	3.45
3	Connect Group Plc Ordinary 5p	2.58
4	Coral Products Plc Ordinary 1p	2.57
5	Games Workshop Group Plc Ordinary 5p	2.43
6	McColl's Retail Group Plc Ordinary 0.1p	2.23
7	GLI Finance Ltd	2.21
8	Alumasc Group (The) Plc Ordinary 12.5p	2.20
9	Moss Bros Group Plc Ordinary 5p	2.10
10	Galliford Try Plc Ordinary 50p	2.05
11	Kier Group PLC Ordinary 1p	1.97
12	Marston's Plc Ordinary 7.375p	1.97
13	Amino Technologies Plc GBp 1	1.96
14	Shoe Zone (Holdings) Limited Ordinary 1p	1.94
15	Hansard Global Plc Ordinary 0.5p	1.89
16	Mucklow (A&J) Group Plc REIT 25p	1.87
17	Photo-Me International Plc Ordinary 0.5p	1.78
18	Jarvis Securities Plc Ordinary 1p	1.77
19	Acal Plc Ordinary 5p	1.73
20	Town Centre Securities Plc REIT 25p	1.70