Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
23 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 22 January 2008 (excluding current period revenue):



Undiluted (pence)                    121.43p
Diluted (pence)                      119.68p



END






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