Net Asset Value(s)

Shires Smaller Companies PLC
18 December 2007


Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 17 December 2007:

Shires Smaller Companies plc (Note 2)                     217.51p       Ordinary



Note 1:    The net asset values shown above are excluding accrued income.


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