Net Asset Value(s)

Invesco Perpetual UK Smaller Companies Trust plc                                             
                                                                                             
As at close of business on 11-October-2016                                                   
                                                                                             
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                             
                                                                                             
EXCLUDING undistributed current year revenue                            423.81p              
                                                                                             
INCLUDING current year revenue                                          426.10p              
                                                                                             
The fair value of debt is not materially different from the carrying value.                  
                                                                                             
The NAV includes a provision for any performance fee applicable.                             
                                                                                             
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