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 12 November 2015
was 589.73 pence including current period revenue.

The fair value net asset value per Ordinary 10p Share of the Company as at 12 November 2015
was 581.55 pence excluding current period revenue.



13 November 2015
UK 100

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