Net Asset Value(s)

Invesco Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 6 March 2008 the unaudited net
asset values per share (AIC basis) of the following investment trust companies
managed by Invesco Asset Management Limited are:-

                                            NAVs with Debt at Par & Fair Value 
                                                                               
Company                                     Undiluted Diluted Undiluted Diluted
                                                                               
                                              Capital Capital       Cum     Cum
                                                                               
                                                                 Income  Income
                                                                               
                                              (pence) (pence)   (pence) (pence)
                                                                               
                                                                           
Invesco Perpetual UK Smaller    Note 1, 3      209.58       -    212.20       -
Companies                                                                      
Investment Trust plc                                                           
  
Note:

1. For these Companies the fair value of debt is not materially different from
the carrying value.

3. The NAVs above include a provision for performance fee where applicable.