Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
02 February 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 1 February 2006.

Aberdeen Asian Smaller Companies - Undiluted                 313.20p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             281.45p    Ordinary


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