Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
18 May 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 May 2006.


Aberdeen Asian Smaller Companies - Undiluted                 324.34p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             291.64p    Ordinary



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