Net Asset Value(s)

Henderson Smaller Cos Inv Tst PLC
03 January 2006


HENDERSON GLOBAL INVESTORS

3 JANUARY 2006



THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

As at close of business on 30 December 2005, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 258.2p and the net asset value per share
including debt marked at fair value was 249.8p.


                                    - ENDS -


For further information, please call:

John Hilton, Investment Trust Accounting Department
BNP Paribas Fund Services UK Limited
Tel: [phone]


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