Net Asset Value(s)

Invesco Perpetual UK Smaller Companies Investment Trust plc (IPU)                     
                                                                                      
As at close of business on 03-March-2020                                              
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                      
                                                                                      
EXCLUDING undistributed current year revenue                   554.64p                
                                                                                      
INCLUDING current year revenue                                 554.64p                
                                                                                      
The fair value of debt is not materially different from the carrying value.           
                                                                                      
LEI: 549300K1D1P23R8U4U50