Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
25 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 20 March 2008 (excluding current period
revenue):



Undiluted        127.26p
Diluted          125.00p



END






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