Net Asset Value(s)

3i Smaller Quoted Co's Trust PLC
17 February 2005

NET ASSET VALUE

3i SMALLER QUOTED COMPANIES TRUST plc

The unaudited net asset value for 3i Smaller Quoted Companies Trust plc at 
close of business on 16 February 2005 (excluding income) was:

279.60p (excluding income and including debt at par value)

274.11p (excluding income and including debt at fair value)






                      This information is provided by RNS
            The company news service from the London Stock Exchange             APUPAGPM