Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
21 December 2006



Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following Investment Trust as at close of
business on 20 December 2006:

Aberdeen Asian Smaller Companies - Undiluted                 342.34p    Ordinary

Aberdeen Asian Smaller Companies - Diluted                   307.04p    Ordinary



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