Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
09 January 2006

Aberdeen Asset Management PLC announces the unaudited month end net asset value
(with investments at bid market values) of the following Investment Trust as at
close of business on 31 December 2005


Aberdeen Asian Smaller Companies - Undiluted                 307.56p    Ordinary

Aberdeen Asian Smaller Companies - Fully Diluted             276.45p    Ordinary



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