Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
20 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 19 March 2008 (excluding current period
revenue):



Undiluted                         129.26p

Diluted                           126.84p



END






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