Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
12 May 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 11 May 2006.

Aberdeen Asian Smaller Companies - Undiluted                 336.30p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             301.86p    Ordinary



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