Transaction in Own Shares

Aberdeen Asian Smaller Co's Inv Tst
05 December 2007


ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC - SHARE BUY-BACK

On 05 December 2007, Aberdeen Asian Smaller Companies Investment Trust PLC
purchased in the market, 46,769 of its own 25p ordinary shares at 299.98 pence
per share. These shares will be held in treasury. Following the transaction, the
Company's issued ordinary share capital is 32,188,548 (excluding treasury
shares) and 32,579,597 (including treasury shares) ordinary shares of 25p each.
The number of ordinary shares of 25p held in treasury is 453,231.






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