Net Asset Value(s)

Edinburgh Small Companies Trust plc
21 October 2005


EDINBURGH SMALL COMPANIES TRUST PLC

Edinburgh Fund Managers plc, Secretaries, announce the following unaudited daily 
net asset values of Edinburgh Small Companies Trust plc as at close of business 
on 20 October 2005

Ordinary shares (p):                                 88.83p

Ordinary shares (with debt at fair value) (p):       83.74p

Actual gearing (%):                                  7.8

END


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