Net Asset Value(s)

Edinburgh Small Companies Trust plc
05 January 2006


EDINBURGH SMALL COMPANIES TRUST PLC

Edinburgh Fund Managers plc, Secretaries, announce the following unaudited daily
net asset values (with investments at bid market values) of Edinburgh Small
Companies Trust plc as at close of business on 4 January 2006

Ordinary shares (p):                                 104.10

Ordinary shares (with debt at fair value) (p):       97.22

Actual gearing (%):                                  16.2

END





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