Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 19/05/2017) of £55.87m
Net Assets (including unaudited revenue reserves at 19/05/2017) of £43.56m
The Net Asset Value (NAV) at 19/05/2017 was:
		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	253.24p	17,200,000
Per Ordinary share (bid price) - excluding current period revenue*	246.11p
Ordinary share price	250.00p
Premium / (Discount) to NAV	(1.28)%
Ordinary shares have an undated life
ZDP share	131.69p	9,349,000
ZDP share price	136.00p
Premium to NAV	3.27%
ZDP shares are held in a subsidiary and have a redemption date of 08/01/2018
*Current period revenue covers the period 01/05/2016 to 19/05/2017

	Name of company	% of portfolio
1	Amino Technologies Plc GBp 1	2.22
2	StatPro Group Plc Ordinary 1p	2.21
3	Games Workshop Group Plc Ordinary 5p	2.20
4	Belvoir Lettings Plc Ordinary	2.18
4	McColl's Retail Group Plc Ordinary 0.1p	2.18
6	Acal Plc Ordinary 5p	2.16
7	Curtis Banks Group Plc GBp0.5	2.09
8	Gattaca Plc Common GBp1	2.07
9	Jarvis Securities Plc Ordinary 1p	2.04
10	Connect Group Plc Ordinary 5p	2.01
11	Marston's Plc Ordinary 7.375p	1.99
12	Alumasc Group (The) Plc Ordinary 12.5p	1.94
13	Braemar Shipping Services Plc GBp 10	1.93
14	Brown (N) Group Ordinary 11.052p	1.92
15	Moss Bros Group Plc Ordinary 5p	1.90
16	Mucklow (A&J) Group Plc REIT 25p	1.84
17	Personal Group Holdings Plc Ordinary 5p	1.77
18	Conviviality Plc Ord 0.02p	1.74
19	Numis Corporation Plc Ordinary 5p	1.73
20	Galliford Try Plc Ordinary 50p	1.73