Net Asset Value(s)

Invesco Perpetual UK Smaller Companies Investment Trust plc (IPU)                      
                                                                                       
As at close of business on 27-April-2020                                              
                                                                                       
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                      
                                                                                       
EXCLUDING undistributed current year revenue                         442.57p          
                                                                                       
INCLUDING current year revenue                                       443.02p          
                                                                                       
The fair value of debt is not materially different from the carrying                  
value.                                                                                
                                                                                       
LEI: 549300K1D1P23R8U4U50                                                              
                                                                                       
---