Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
29 February 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 28 February 2008 (excluding current
period revenue):

Undiluted                                        136.80p
Diluted                                          133.76p



END






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