Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
24 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 23 January 2008 (excluding current period revenue):


Undiluted (pence)                 120.09p

Diluted (pence)                   118.44p


END



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