Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
28 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 27 March 2008 (excluding current period
revenue):

Undiluted                    130.99p
Diluted                      128.43p


END






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