Additional Listing

Aberforth Smaller Companies Tst PLC
5 April 2002

ABERFORTH SMALLER COMPANIES TRUST plc

Additional Listing


Application will be made for the admission of 224,482 Ordinary Shares of 1 pence
each fully paid to the Official List of the UK Listing Authority and to trading
on the main market of the London Stock Exchange, ranking pari passu with the
existing Ordinary Shares.  It is expected that this admission will become
effective on 11 April 2002.

These Ordinary Shares are being allotted pursuant to the exercise of rights to
subscribe for such Ordinary Shares of 1 pence each in accordance with the rights
of Warrantholders.

Following the admission of these Ordinary Shares there will be 83,855,423
Ordinary Shares in issue and 1,434,811 Warrants in issue.

Contact: Aberforth Partners • 0131 220 733

Aberforth Partners, Secretaries - 5 April 2002

ANNOUNCEMENT ENDS



                      This information is provided by RNS
            The company news service from the London Stock Exchange
               UPPGUA