Annual Information Update

Aberforth Smaller Companies Trust PLC

Annual information update

The following disclosure of information which has been published or made
available to the public by the company during the financial year to 31 December
2008 is made in accordance with the requirements of Prospectus Rule 5.2.

Some of the information referred to below related to specific dates and may now
be out of date.

The information, which was released via FirstSight, can be found on
www.londonstockexchange.com. The Company's net asset value was also released on
a weekly basis and these announcements have not been included in the list below.

Information released through RNS

Date               Announcement

31 December 2008   Total Voting Rights
3 October 2008     Interim Management Statement
26 September 2008  Holding in Company
11 September 2008  Holding in Company
4 September 2008   Director Shareholding
26 August 2008     Holding in Company
25 July 2008       2007 Half Yearly Report lodged with UKLA
18 July 2008       Half Yearly Results
2 July 2008        Holding in Company
30 June 2008       Director Shareholding
30 June 2008       Transaction in Own Shares
30 June 2008       Total Voting Rights
27 June 2008       Transaction in Own Shares
25 June 2008       Transaction in Own Shares
24 June 2008       Holding in Company
17 June 2008       Recovery of VAT on Management Fees
6 June 2008        Holding in Company
6 June 2008        Transaction in Own Shares
5 June 2008        Holding in Company
30 May 2008        Transaction in Own Shares
30 May 2008        Total Voting Rights
28 May 2008        Transaction in Own Shares
22 May 2008        Transaction in Own Shares
21 May 2008        Transaction in Own Shares
19 May 2008        Transaction in Own Shares
30 April 2008      Total Voting Rights
22 April 2008      Director Shareholding
18 April 2008      Interim Management Statement
14 April 2008      Transaction in Own Shares
11 April 2008      Transaction in Own Shares
31 March 2008      Total Voting Rights
26 March 2008      Transaction in Own Shares
19 March 2008      Holding in Company
18 March 2008      Transaction in Own Shares
5 March 2008       Result of AGM
28 February 2008   Director Shareholding
27 February 2008   Director Shareholding
21 February 2008   Holding in Company
29 January 2008    2007 Annual Report lodged with UKLA
23 January 2008    Final Results
17 January 2008    Notice of Results
2 January 2008     Top Ten Investments as at 31 December 2007


Information filed with the Registrar of Companies

Filing date         Description

27 August 2008      Annual Return
10 July 2008        Form 169 - Purchase of own shares
12 June 2008        Form 169 - Purchase of own shares
12 May 2008         Form 169 - Purchase of own shares
10 April 2008       Form 169 - Purchase of own shares
6 March 2008        Signed 2007 Annual Report & Accounts
6 March 2008        Resolutions passed at the 2008 AGM


Documents filed with the UK Listing Authority
The following documents are available for inspection at the UK Listing
Authority's Document Viewing Facility at 25 The North Colonnade, Canary Wharf,
LONDON, E14 5HS

Date sent           Document
25 July 2008        Interim Report for the six months ended 30 June 2008
5 March 2008        Resolutions passed at the 2008 Annual General Meeting
29 January 2008     Annual Report & Accounts for year ended 31 December 2007
29 January 2008     Notice of the 2008 Annual General Meeting


The Interim and Annual Reports are also available on the Manager's website
www.aberforth.co.uk. The website also carries monthly factsheets and other
investor information.

Contact for enquiries please contact:
David Holland, Aberforth Partners LLP, Secretaries
31 December 2008