Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
19 January 2006



Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values) of the following Investment Trusts as at
close of business on 18 January 2006.

Aberdeen Asian Smaller Companies - Undiluted                 307.11p       Ordinary


Aberdeen Asian Smaller Companies - Fully Diluted             276.18p       Ordinary


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