Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc

The Company announces:

Total Assets (including unaudited revenue reserves at 02 April, 2020) of £31.89m.
Net Assets (including unaudited revenue reserves at 02 April, 2020) of £31.89m.

The Net Asset Value (NAV) at 02 April 2020 was:

		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	58.16p	54,830,002
Per Ordinary share (bid price) - excluding current period revenue*	56.03p
Ordinary share price	43.20p
Premium/(Discount) to NAV	(25.72)%

*Current period revenue covers the period 01/03/2019 to 02/04/2020