Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
18 January 2006

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values) of the following Investment Trust as at
close of business on 17 January 2006.

Aberdeen Asian Smaller Companies - Undiluted                 310.67p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             279.21p    Ordinary




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