Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 24/03/2017) of £50.71m
Net Assets (including unaudited revenue reserves at 24/03/2017) of £38.51m
The Net Asset Value (NAV) at 24/03/2017 was:
		Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*	229.23p	16,800,000
Per Ordinary share (bid price) - excluding current period revenue*	224.18p
Ordinary share price	233.75p
Premium to NAV	1.97%
Ordinary shares have an undated life
ZDP share	130.52p	9,349,000
ZDP share price	136.50p
Premium to NAV	4.58%
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 24/03/2017

	Name of company	% of portfolio
1	Games Workshop Group Plc Ordinary 5p	2.48
2	Curtis Banks Group Plc GBp0.5	2.44
3	Amino Technologies Plc GBp 1	2.42
4	Belvoir Lettings Plc Ordinary	2.36
5	Galliford Try Plc Ordinary 50p	2.33
6	McColl's Retail Group Plc Ordinary 0.1p	2.26
7	Alumasc Group (The) Plc Ordinary 12.5p	2.21
8	Kier Group PLC Ordinary 1p	2.11
9	Moss Bros Group Plc Ordinary 5p	2.05
10	Mucklow (A&J) Group Plc REIT 25p	2.02
11	Jarvis Securities Plc Ordinary 1p	1.95
12	Connect Group Plc Ordinary 5p	1.93
13	Marston's Plc Ordinary 7.375p	1.93
14	StatPro Group Plc Ordinary 1p	1.90
15	Numis Corporation Plc Ordinary 5p	1.84
16	GLI Finance Ltd	1.80
17	Acal Plc Ordinary 5p	1.79
17	Shoe Zone (Holdings) Limited Ordinary 1p	1.79
19	Brown (N) Group Ordinary 11.052p	1.75
20	Gattaca Plc Common GBp1	1.75