Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
15 May 2006


Aberdeen Asset Management PLC announces the unaudited daily net asset value
(with investments at bid market values) of the following Investment Trust as at
close of business on 12 May 2006.

Aberdeen Asian Smaller Companies - Undiluted                 332.33p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             298.46p    Ordinary




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