Proposed Ordinary Resolution

Edinburgh Small Companies Trust plc
29 June 2006



EDINBURGH SMALL COMPANIES TRUST PLC

REQUISITION OF PROPOSED ORDINARY RESOLUTION

29 JUNE 2006

The Board of Edinburgh Small Companies Trust plc (the 'Company') announces that
it has today received on behalf of funds managed by Laxey Partners Limited
('Laxey'), holding 15,013,620 ordinary shares in the Company (representing 22.3%
of the issued ordinary shares), a requisition that an ordinary resolution be
proposed at an extraordinary general meeting of the Company. The resolution, if
passed, would require that the Board put forward 'proposals which the Directors
believe will substantially and permanently reduce the discount to net asset
value at which the Company's ordinary shares trade in the market and pursuant to
which shareholders will be afforded the opportunity to realise their investment
in the Company at a price as near as practicable to the Company's then net asset
value.'

As announced on 8 June 2006, the Company has been notified by Laxey of an
aggregate holding in the Company of 17,575,000 ordinary shares in the Company
(representing 26.1% of the issued ordinary shares)

The Board will meet its obligation under the member's requisition and will write
to shareholders to convene the meeting accordingly.

Shareholders should be aware that the Company's net asset value is calculated
and announced on undiluted; diluted; and market adjusted value of debt bases.

The Board is mindful of its duties to all shareholders in responding to the
requisition and in the meantime advises that shareholders take no action.

Enquiries:

Edinburgh Fund Managers plc, Secretary
Tel. [phone]




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