Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc

The Company announces:

Total Assets (including unaudited revenue reserves at 01 April, 2020) of £32.29m.
Net Assets (including unaudited revenue reserves at 01 April, 2020) of £32.29m.

The Net Asset Value (NAV) at 01 April 2020 was:

		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	58.88p	54,830,002
Per Ordinary share (bid price) - excluding current period revenue*	56.75p
Ordinary share price	43.00p
Premium/(Discount) to NAV	(26.97)%

*Current period revenue covers the period 01/03/2019 to 01/04/2020