Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
21 January 2008

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC


Aberdeen Asset Management PLC, Secretaries, announce 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 as at close of business
on 18 January 2008 (excluding current period revenue):



Undiluted (pence)                 126.79p
Diluted (pence)                   124.59p



END






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