10 Largest Investments

EDINBURGH SMALL COMPANIES TRUST PLC - 10 LARGEST INVESTMENTS


The  company announces that the ten largest investments as at close of  business
on 31 March 2005 were as follows:


Company                                         % of Gross
                                                  Assets
TOPPS TILES                                        2.24
NORTHGATE                                          2.16
WORKSPACE GROUP                                    2.14
MAJESTIC WINE                                      1.90
DATAMONITOR                                        1.86
VICTREX                                            1.86
RAYMARINE GROUP                                    1.81
MORGAN SINDALL                                     1.78
INCISIVE MEDIA                                     1.74
GREGGS                                             1.71
TOTAL                                              19.2




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