Net Asset Value(s)

Edinburgh Small Companies Trust plc
29 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 28 July 2005

Ordinary shares (p):                                                      90.02p
Ordinary shares (with debt at fair value) (p):                            84.95p
Actual gearing (%):                                                       8.9




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