Net Asset Value(s)

Edinburgh Small Companies Trust plc
21 September 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 the Ordinary Shares
of Edinburgh Small Companies Trust plc as at close of business on 20 September
2006 and excluding current period revenue unless otherwise indicated:

Undiluted (pence)                             121.52p
Undiluted with debt at Fair Value (pence)     114.72p
Diluted (pence)                               120.59p
Diluted with debt at Fair Value (pence)       114.09p

END





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