Net Asset Value(s)

Standard Life UK Small.Co's Tst PLC
29 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 28 January 2008 (excluding current period revenue):

Undiluted (pence)                    121.83p

Diluted (pence)                      120.04p



END






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