Result of EGM

Aberforth Smaller Companies Tst PLC
29 October 2003


Aberforth Smaller Companies Trust plc


Result of the Extraordinary General Meeting


The Board of Aberforth Smaller Companies Trust plc (the 'Company') is pleased to
announce that at the Extraordinary General Meeting of the Company held today, 29
October 2003, all of the resolutions put to the meeting were duly passed,
including the resolution approving the Company's participation in the scheme of
reconstruction of Aberforth Split Level Trust plc ('the Scheme'). Shareholders
in person or represented by proxy or by letters of representation holding
37,889,669 shares, 44.7 per cent. of the issued share capital, voted on the
resolution to participate in the Scheme, with 99.7 per cent. being in favour.



Enquiries:

David Warnock/ David Holland                        0131 220 0733

Aberforth Partners


Capitalised words and expressions used in this announcement shall bear the same
meanings as in the prospectus dated 29 September 2003, a copy of which is
available in full at the document viewing facility of the UK Listing Authority.


END


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