Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 21/04/2017) of £53.54m
Net Assets (including unaudited revenue reserves at 21/04/2017) of £41.28m
The Net Asset Value (NAV) at 21/04/2017 was:
		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	245.73p	16800000
Per Ordinary share (bid price) - excluding current period revenue*	239.64p
Ordinary share price	222.50p
Premium / (Discount) to NAV	(9.45)%
Ordinary shares have an undated life
ZDP share	131.11p	9349000
ZDP share price	136.00p
Premium to NAV	3.73%
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 21/04/2017

	Name of company	% of portfolio
1	StatPro Group Plc Ordinary 1p	2.55
2	Amino Technologies Plc GBp 1	2.35
3	Games Workshop Group Plc Ordinary 5p	2.30
4	McColl's Retail Group Plc Ordinary 0.1p	2.23
5	Belvoir Lettings Plc Ordinary	2.20
6	Alumasc Group (The) Plc Ordinary 12.5p	2.15
7	Acal Plc Ordinary 5p	2.11
7	Curtis Banks Group Plc GBp0.5	2.11
9	Galliford Try Plc Ordinary 50p	2.07
10	Braemar Shipping Services Plc GBp 10	1.91
11	Marston's Plc Ordinary 7.375p	1.87
12	Gattaca Plc Common GBp1	1.84
12	Moss Bros Group Plc Ordinary 5p	1.84
14	Diversified Gas & Oil Plc Ordinary 1p	1.83
14	Personal Group Holdings Plc Ordinary 5p	1.83
16	Mucklow (A&J) Group Plc REIT 25p	1.82
17	Connect Group Plc Ordinary 5p	1.74
18	Numis Corporation Plc Ordinary 5p	1.73
19	Kier Group PLC Ordinary 1p	1.72
20	Polar Capital Holdings Plc GBp 2.5	1.72