Transaction in Own Shares

Aberdeen Asian Smaller Co's Inv Tst
21 June 2007

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

The Company announces that on 21 June 2007 it purchased in the market 100,000
Warrants to subscribe for Ordinary shares, for cancellation at 227p per Warrant.


Following this transaction, 4,848,903 Warrants remain in issue.



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