Transaction in Own Shares-Rep

Standard Life UK Small.Co's Tst PLC
24 January 2008


                             Amendment to RNS 4237M

Please note the date announced as '23 December 2008' has been amended to '23
January 2008'.

The Announcement now reads as follows.

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC - SHARE BUY-BACK

On 23 January 2008, Standard Life UK Smaller Companies Trust PLC purchased
40,000 shares of its own 25p ordinary shares at 99.5 pence per share.  These
shares will be held in treasury.

Following the transaction, the Company's issued ordinary share capital is
32,381,760 (excluding treasury shares) and 32,583,790 (including treasury
shares) ordinary shares of 25p each.  The number of ordinary shares of 25p held
in treasury is 202,030.


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