Net Asset Value(s)

Aberdeen Asian Smaller Co's Inv Tst
31 July 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 28 July 2006.


Aberdeen Asian Smaller Companies - Undiluted                 299.05p    Ordinary
Aberdeen Asian Smaller Companies - Diluted                   270.03p    Ordinary



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