Net Asset Value(s) -Amendment

Edinburgh Small Companies Trust plc
28 July 2005


AMENDMENT - NET ASSET VALUE

Amendment to announcement released on 27 July 2005 at 14.13 hrs. under RNS 
number 3747P.

The Net Asset Value of Ordinary shares was overstated in the previous 
announcement.  
The full text of the correct announcement is shown below.


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 26 July 2005

Ordinary shares (p):                                             89.26p
Ordinary shares (with debt at fair value) (p):                   84.19p
Actual gearing (%):                                                8.9








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