Portfolio Update

Aberdeen Asian Smaller Co's Inv Tst
02 August 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 July 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                                                        4,527,600.00                 4.39%
BANK NISP                                                               4,292,723.43                 4.16%
WBL                                                                     3,553,214.98                 3.45%
BUKIT SEMBAWANG ESTATES                                                 3,475,749.60                 3.37%
KOREAN REINSURANCE                                                      3,115,437.90                 3.02%
MALAYSIAN OXYGEN                                                        3,076,463.48                 2.98%
HANA MICROELECTRONIC                                                    3,002,711.29                 2.91%
WHEELOCK PROPERTIES                                                     2,976,301.71                 2.89%
DAEGU BANK                                                              2,900,232.26                 2.81%
POS MALAYSIA & SERVICES                                                 2,873,732.38                 2.79%



END


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