Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 02/09/2016) of £45.28m
Net Assets (including unaudited revenue reserves at 02/09/2016) of £34.54m
The Net Asset Value (NAV) at 02/09/2016 was:
			Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*		208.71p	16550000
Per Ordinary share (bid price) - excluding current period revenue*		204.81p
Ordinary share price		191.63p
Discount to NAV		(8.19)%
Ordinary shares have an undated life
ZDP share		126.36p	8500000
ZDP share price		134.50p
Premium to NAV		6.44%
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 02/09/2016

	Name of company	% of portfolio
1	Avesco Group Plc Ordinary 10p	4.13
2	Belvoir Lettings Plc Ordinary	3.41
3	Connect Group Plc Ordinary 5p	2.57
4	Coral Products Plc Ordinary 1p	2.47
5	Games Workshop Group Plc Ordinary 5p	2.34
6	Alumasc Group (The) Plc Ordinary 12.5p	2.24
7	McColl's Retail Group Plc Ordinary 0.1p	2.23
8	GLI Finance Ltd	2.20
9	Moss Bros Group Plc Ordinary 5p	2.11
10	Galliford Try Plc Ordinary 50p	2.06
11	Marston's Plc Ordinary 7.375p	2.00
12	Kier Group PLC Ordinary 1p	1.96
13	Shoe Zone (Holdings) Limited Ordinary 1p	1.91
14	Amino Technologies Plc GBp 1	1.91
15	Mucklow (A&J) Group Plc REIT 25p	1.89
16	Hansard Global Plc Ordinary 0.5p	1.87
17	Photo-Me International Plc Ordinary 0.5p	1.78
18	Jarvis Securities Plc Ordinary 1p	1.75
19	Town Centre Securities Plc REIT 25p	1.71
20	Acal Plc Ordinary 5p	1.70