Net Asset Value(s)

Edinburgh Small Companies Trust plc
23 September 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 September 2005

Ordinary shares (p):                                 92.48p

Ordinary shares (with debt at fair value) (p):       86.72p

Actual gearing (%):                                  6.4

END




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