Net Asset Value(s)

ISIS Smaller Companies Trust PLC
07 March 2006


NAV as at close of business on 06/03/06

F & C Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.

(Pence per share).  Investments valued on a bid price basis.

ISIS Smaller Companies Trust plc                                          359.17


Note: NAVs are diluted, where appropriate.



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