Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
02 May 2008

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC

The following unaudited daily net asset values (with investments at bid market
values) of the Ordinary Shares of Standard Life UK Smaller Companies Trust plc
are announced as at close of business on 1 May 2008 (excluding current period
revenue):

Undiluted                        139.32p
Diluted                          136.07p


END






                      This information is provided by RNS
            The company news service from the London Stock Exchange