Net Asset Value(s)

Invesco Perpetual UK Smaller Companies Investment Trust plc (IPU)                           
                                                                                            
As at close of business on 26-February-2020                                                 
                                                                                            
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                            
                                                                                            
EXCLUDING undistributed current year revenue                                  578.82p       
                                                                                            
INCLUDING current year revenue                                                578.82p       
                                                                                            
The fair value of debt is not materially different from the carrying value.                 
                                                                                            
LEI: 549300K1D1P23R8U4U50                                                                   
                                                                                            
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