Net Asset Value(s)

Edinburgh Small Companies Trust plc
23 December 2005


EDINBURGH SMALL COMPANIES TRUST PLC

Edinburgh Fund Managers plc, Secretaries, announce the following unaudited daily net asset values of Edinburgh Small 
Companies Trust plc as at close of business on 22 December 2005

Ordinary shares (p):                                 101.00p

Ordinary shares (with debt at fair value) (p):       94.46p

Actual gearing (%):                                  14.3

END





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