Net Asset Value(s)

MONTANARO UK SMALLER COMPANIES INVESTMENT TRUST PLC ("the Company") The fair value net asset value per Ordinary 10p Share of the Company as at 10 November 2008 was 218.52 pence including current period revenue. The fair value net asset value per Ordinary 10p Share of the Company as at 10 November 2008 was 213.38 pence excluding current period revenue. 11 November 2008
UK 100

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