Net Asset Value(s)

Edinburgh Small Companies Trust plc
09 January 2006


EDINBURGH SMALL COMPANIES TRUST PLC

Edinburgh Fund Managers plc, Secretaries, announce the following unaudited month
end net asset values of Edinburgh Small Companies Trust plc as at close of
business on 31 December 2005

Ordinary shares (p):                                 101.97p

Ordinary shares (with debt at fair value) (p):       95.16p

Actual gearing (%):                                  14.6%

END




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