Annual Information Update

North Atlantic Smlr Co Inv Tst PLC
12 June 2006

             NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC





                           Annual Information Update



The Company announces that in accordance with Prospectus Rule 5.2 the following
information has been published or made available to the public over the previous
12 months in compliance with laws and rules dealing with the regulation of
securities.  The information referred to in this update was up to date at the
time of publication but some information may now be out of date.  The Annual
Report was published on 7 June 2006





1.                  Announcements made via RNS, a regulatory information service



Date                        Brief description of announcement


26 May 2006                 Director/PDMR shareholding


24 May 2006                 Final Results for year ended 31 January 2006


16 May 2006                 Directorate change


3 May 2006                  Listing Rule 15.4.11(1)


29 March 2006               Directorate change


2 February 2006             Statement re Listing Rule 15.4.11(1)


16 November 2005            Announcement re cancellation of units of convertible unsecured loan stock
                            ('CULS')


11 November 2005            Interim Report filed at Document Viewing Facility


3 November 2005             Announcement re cancellation of CULS


2 November 2005             Director/PDMR shareholding


1 November 2005             Announcement in compliance with LR 15 .4.11(2)


27 October 2005             Interim Results for six months ended 31 July 2005


1 September 2005            Director/PDMR shareholding


2 August 2005               Announcement in compliance with LR 15.4.11(2)


26 July 2005                Director/PDMR shareholding (CHBM acquisition of 10,000 shares on 26 July
                            2005) (Total 2,620,899)


1 July 2005                 Announcement re application for admission to listing of the ordinary
                            shares issued arising on conversion of the CULS


28 June 2005                AGM statement


10 June 2005                Grant of Options in 2002 Executive Share Option Scheme to C H B Mills





            Details of all regulatory announcements can be found in full on the
London Stock Exchange's web site at www/londonstockexchange.com/en-gb/pricesnews
/marketnews using the code NAS.



2.                  Documents filed at Companies House



The Company has submitted filings to Companies House:-


Date filed                  Document filed


25 May 2006                 Form 288a re Appointment of a Director


26 April 2006               Form 403a re satisfaction of a charge


26 April 2006               Form 403a re satisfaction of a charge


6 April 2006                Form 288b re Resignation of a Director


8 July 2005                 Form 88(3) relating to shares issued on conversion of CULS and for a
                            consideration other than cash


8 July 2005                 Form 88(2) relating to allotment of shares on conversion of the CULS


7 July 2005                 Ordinary and special resolutions passed at the Annual General Meeting held
                            on 28 June 2005


7 July 2005                 Annual Report for the year ended 31 January 2005


26 May 2005                 Annual Return on Form 363 made up to 2 May 2005





Copies of these documents can be found on the Companies House web site at
www.companieshouse.gov.uk or through Companies House Direct at
www.direct.companieshouse.gov.uk.



The Company's Annual Report for the year ended 31 January (which was filed at
the UKLA Document Viewing Facility on 7 June 2006) and is available on the North
Atlantic Value LLP web site at www.navalue.co.uk.



The Annual Report for the year ended 31 January 2006 and the Interim Report for
the six months ended 31 July 2005 (published on 11 November 2005 and filed at
the UKLA Document Viewing Facility on 11 November 2005) are available from J O
Hambro Capital Management Limited, Company Secretary of North Atlantic Smaller
Companies Investment Trust PLC, Group Floor, Ryder Court, 14 Ryder Street,
London SW1Y 6QB.


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