Transaction in Own Shares

Aberdeen Asian Smaller Co's Inv Tst
31 October 2007


ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC (THE 'COMPANY')

The Company announces that on 31 October 2007 it purchased in the market 60,000
Warrants to subscribe for Ordinary shares, for cancellation at 214p per Warrant.


Following this transaction, 4,738,903 Warrants remain in issue.


END


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