Net Asset Value(s)

Edinburgh Small Companies Trust plc
25 July 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 22 July 2005

Ordinary shares (p):                                 88.23p

Ordinary shares (with debt at fair value) (p):       83.26p

Actual gearing (%):                                  5.0


END


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