Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
04 March 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 03 March 2008 (excluding current period
revenue):

Undiluted                         136.91p
Diluted                           133.86p


END


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