Result of AGM

ABERFORTH SMALLER COMPANIES TRUST plc


ANNUAL GENERAL MEETING HELD ON 1 MARCH 2006

The  Board  of Aberforth Smaller Companies Trust plc ("ASCoT") is pleased  to
announce that all the resolutions proposed at the Annual General Meeting held
on  1  March 2006 were passed by Shareholders on a show of hands. A total  of
46,062,807  proxy votes were received, representing 46.6% of  the  98,809,788
Ordinary Shares in issue, in respect of all 12 resolutions at the meeting. Of
the proxy votes cast for or against the 12 resolutions proposed at the Annual
General  Meeting, over 99.4% were cast in favour of such resolutions or  were
left to the discretion of the Chairman and would have been cast in favour  of
such resolutions by the Chairman.

In accordance with paragraph 9.31 (b) of the Listing Rules, two copies of the
resolutions  passed  by  shareholders relating to  special  business  of  the
Company  have  been  submitted to the UK Listing Authority.  They  should  be
available  shortly for inspection at its Document Viewing Facility  which  is
situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS





CONTACT:  David Holland, Aberforth Partners LLP, 0131 220 0733

Aberforth Partners LLP, Secretaries - 2 March 2006


ANNOUNCEMENT ENDS