Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
25 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 24 May 2006.

Aberdeen Asian Smaller Companies - Undiluted                 305.25p    Ordinary
Aberdeen Asian Smaller Companies - Fully Diluted             275.33p    Ordinary



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