Portfolio Update

Aberdeen Asian Smaller Co's Inv Tst
02 November 2006

             ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC



                             10 LARGEST INVESTMENTS





The company announces that the ten largest investments as at close of business
on 31 October 2006 were as follows:




Assets With Values Over 5% of Gross Assets

NAME                                                         Market Value        % Ttl Gross Assets

Top 10 Portfolio Assets
NAME                                                         Market Value        % Ttl Gross Assets

M.P. EVANS GROUP                                             4,998,000.00                     4.57%
WHEELOCK PROPERTIES                                          4,404,262.84                     4.03%
BANK NISP                                                    4,361,901.12                     3.99%
BUKIT SEMBAWANG ESTATES                                      4,294,681.30                     3.43%
WBL                                                          3,493,105.71                     3.19%
HANA MICROELECTRONIC                                         3,365,638.96                     3.08%
POS MALAYSIA & SERVICES                                      3,132,818.95                     2.86%
GODREJ CONSUMER PRODUCTS                                     3,120,506.27                     2.85%
MALAYSIAN OXYGEN                                             3,040,258.39                     2.78%
KOREAN REINSURANCE                                           3,022,518.98                     2.76%



END


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