Net Asset Value(s)

Henderson Smaller Cos Inv Tst PLC
20 January 2006



HENDERSON GLOBAL INVESTORS


20 JANUARY 2006



THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

As at close of business on 19 January 2006, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 267.7p and the net asset value per share
including debt marked at fair value was 259.0p.

                                    - ENDS -

For further information, please call:

John Hilton, Investment Trust Accounting Department

BNP Paribas Fund Services UK Limited

Tel: [phone]





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