Net Asset Value(s)

Chelverton Small Companies Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 03/02/2017) of £48.72m
Net Assets (including unaudited revenue reserves at 03/02/2017) of £37.71m
The Net Asset Value (NAV) at 03/02/2017 was:
			Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*		227.85p	16,550,000
Per Ordinary share (bid price) - excluding current period revenue*		222.4p
Ordinary share price		208.75p
Discount to NAV		(8.38)%
Ordinary shares have an undated life
ZDP share		129.50p	8,500,000
ZDP share price		134.50p
Premium to NAV		3.86%
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 03/02/2017

	Name of company	% of portfolio
1	Games Workshop Group Plc Ordinary 5p	3.44
2	Belvoir Lettings Plc Ordinary	2.68
3	Galliford Try Plc Ordinary 50p	2.32
4	Amino Technologies Plc GBp 1	2.24
5	Alumasc Group (The) Plc Ordinary 12.5p	2.16
6	Curtis Banks Group Plc GBp0.5	2.14
7	McColl's Retail Group Plc Ordinary 0.1p	2.13
8	Moss Bros Group Plc Ordinary 5p	2.07
9	Kier Group PLC Ordinary 1p	2.05
10	Numis Corporation Plc Ordinary 5p	2.03
11	Connect Group Plc Ordinary 5p	1.99
12	GLI Finance Ltd	1.95
13	Marston's Plc Ordinary 7.375p	1.94
14	Polar Capital Holdings Plc GBp 2.5	1.93
15	Jarvis Securities Plc Ordinary 1p	1.91
15	Mucklow (A&J) Group Plc REIT 25p	1.91
17	Brown (N) Group Ordinary 11.052p	1.87
18	Shoe Zone (Holdings) Limited Ordinary 1p	1.86
19	Gattaca Plc Common GBp1	1.81
20	Park Group Plc Ordinary 2p	1.80