Net Asset Value(s)

Aberforth Smaller Companies Trust plc (“ASCOT”)
The Net Asset Values (“NAVs”) per Ordinary Share for the above company as at the close of business on 7 January 2019 were:-
Excluding current year Revenue = 1,267.23p
Including ALL Revenue = 1,303.58p
ASCOT has bank debt facilities available to allow gearing of up to 10.6% of Shareholders’ Funds.  Current gearing is 1.3%.  There are currently 90,580,311 Ordinary Shares of 1p in issue.
Contact: 
David Holland
For and on behalf of Aberforth Partners LLP, Secretaries
Telephone: 0131 220 0733
8 January 2019
UK 100