ABERFORTH SMALLER COMPANIES TRUS

Net Asset Value(s)

Thu, Jan 15, 2004 12:48 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 14 January 2004 for the above company were:- NAV - Excluding Current Year Revenue 451.68p NAV - Including ALL Revenue 458.40p As at 14 January 2004, ASCoT held 114 investments, the largest of which represented 3.0% of investable assets. The market value of investments was £442.5m and total Shareholders' Funds were £452.9m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners' website

Net Asset Value(s)

Thu, Jan 08, 2004 13:08 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 7 January 2004 for the above company were:- NAV - Excluding Current Year Revenue 442.91p NAV - Including ALL Revenue 449.65p As at 7 January 2004, ASCoT held 112 investments, the largest of which represented 3.2% of investable assets. The market value of investments was £424.3m and total Shareholders' Funds were £444.3m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners' website at

Ten Largest Investments as at 31 December 2003

Mon, Jan 05, 2004 11:00 CET

ABERFORTH SMALLER COMPANIES TRUST plc The Board of Aberforth Smaller Companies Trust plc ("the Company") confirms that as at 31 December 2003 - the top ten securities ranked by market value in the Company's investment portfolio were as follows: % of Total Accumulated % of Company £ Investments Total Investments Paladin Resources 13,882,039 3.1% 3.1% Johnson Service 12,720,557 2.9% 6.0% Group Holidaybreak 9,937,473 2.3% 8.3% BSS Group 9,336,144 2.1% 10.4% Bellway 9,232,456 2.1% 12.5% Headlam Group 9,190,872 2.1% 14.6% SMG 8,978,980 2.0% 16.6% Countrywide Assured 8,679,069 2.0% 18.6% Group

Net Asset Value(s)

Fri, Jan 02, 2004 13:31 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 31 December 2003 for the above company were:- NAV - Excluding Current Year Revenue 436.72p NAV - Including ALL Revenue 443.32p As at 31 December 2003, ASCoT held 110 investments, the largest of which represented 3.2% of investable assets. The market value of investments was £415.7m and total Shareholders' Funds were £438.0m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Net Asset Value(s)

Thu, Dec 11, 2003 13:00 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 10 December 2003 for the above company were:- NAV - Excluding Current Year Revenue 431.41p NAV - Including ALL Revenue 438.37p As at 10 December 2003, ASCoT held 109 investments, the largest of which represented 3.1% of investable assets. The market value of investments was £412.7m and total Shareholders' Funds were £433.2m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Net Asset Value(s)

Thu, Dec 04, 2003 12:55 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 3 December 2003 for the above company were:- NAV - Excluding Current Year Revenue 435.38p NAV - Including ALL Revenue 441.89p As at 3 December 2003, ASCoT held 110 investments, the largest of which represented 3.1% of investable assets. The market value of investments was £420.2m and total Shareholders' Funds were £436.6m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners' website

Net Asset Value(s)

Mon, Dec 01, 2003 12:42 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 30 November 2003 for the above company were:- NAV - Excluding Current Year Revenue 432.23p NAV - Including ALL Revenue 438.59p As at 30 November 2003, ASCoT held 110 investments, the largest of which represented 3.1% of investable assets. The market value of investments was £418.2m and total Shareholders' Funds were £433.4m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Net Asset Value(s)

Thu, Nov 27, 2003 12:34 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 26 November 2003 for the above company were:- NAV - Excluding Current Year Revenue 429.79p NAV - Including ALL Revenue 436.17p As at 26 November 2003, ASCoT held 110 investments, the largest of which represented 3.1% of investable assets. The market value of investments was £416.1m and total Shareholders' Funds were £431.0m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Holding(s) in Company

Wed, Nov 26, 2003 15:09 CET

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest Newton Investment Management Limited 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of a non-beneficial interest of the person named in 2 above 4) Name of the registered holder(s) and,

Holding(s) in Company

Mon, Nov 24, 2003 10:58 CET

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest Newton Investment Management Limited 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of a non-beneficial interest of the person named in 2 above (including Newton Exempt Fund) 4) Name of

Net Asset Value(s)

Thu, Nov 20, 2003 12:33 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 19 November 2003 for the above company were:- NAV - Excluding Current Year Revenue 429.50p NAV - Including ALL Revenue 435.75p As at 19 November 2003, ASCoT held 109 investments, the largest of which represented 3.2% of investable assets. The market value of investments was £416.7m and total Shareholders' Funds were £430.6m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Director Shareholding

Wed, Nov 19, 2003 17:13 CET

SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of director H N Buchan 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non- beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest Notification is in respect of holding of the Director named in 2 above. 4) Name of the registered holder(s) and, if

Holding(s) in Company

Fri, Nov 14, 2003 10:42 CET

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest Newton Investment Management Limited 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of a non-beneficial interest of the person named in 2 above. 4) Name of the registered holder(s) and,

Holding(s) in Company

Thu, Nov 13, 2003 17:32 CET

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest The Royal Bank of Scotland Group plc 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 As stated in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

Net Asset Value(s)

Thu, Nov 13, 2003 12:26 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 12 November 2003 for the above company were:- NAV - Excluding Current Year Revenue 431.90p NAV - Including ALL Revenue 438.02p As at 12 November 2003, ASCoT held 109 investments, the largest of which represented 3.1% of investable assets. The market value of investments was £419.0m and total Shareholders' Funds were £432.8m. Details of the top 50 holdings, the portfolio's sectoral composition and other general information can be found within Aberforth Partners'

Directorate change

Tue, Nov 11, 2003 15:30 CET

Aberforth Smaller Companies Trust plc (the "Company") As detailed in the prospectus of the Company issued on 29 September 2003 in connection with the reconstruction and winding up of Aberforth Split Level Trust plc, Hamish Buchan has been appointed as a non-executive director of the Company with effect from today. No further information relating to this appointment is required by paragraph 16.4 of the Listing Rules. Contact for enquiries:- David Holland Aberforth Partners, Secretaries 0131 220 0733 END ------------------------------------------------------------ This information was brought

Net Asset Value(s)

Thu, Nov 06, 2003 12:30 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS, DATED 29 SEPTEMBER 2003, AND SUBSEQUENT ANNOUNCEMENTS ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. ALL OF THESE DOCUMENTS ARE AVAILABLE ON THE ABERFORTH PARTNERS' WEBSITE AT www.aberforth.co.uk. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 5 November 2003 for the above company were:- NAV: 432.59p (Excluding Current Year Revenue) NAV: 439.66p (Including ALL Revenue) As at 5 November 2003, ASCoT held 107 investments, the largest of

Net Asset Value(s)

Mon, Nov 03, 2003 12:29 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS, DATED 29 SEPTEMBER 2003, AND SUBSEQUENT ANNOUNCEMENTS ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. ALL OF THESE DOCUMENTS ARE AVAILABLE ON THE ABERFORTH PARTNERS' WEBSITE AT www.aberforth.co.uk. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 31 October 2003 for the above company were:- NAV: 429.84p (Excluding Current Year Revenue) NAV: 436.64p (Including ALL Revenue) As at 31 October 2003, ASCoT held 108 investments, the largest of

Net Asset Value(s)

Thu, Oct 30, 2003 12:06 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS, DATED 29 SEPTEMBER 2003, AND SUBSEQUENT ANNOUNCEMENTS ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. ALL OF THESE DOCUMENTS ARE AVAILABLE ON THE ABERFORTH PARTNERS' WEBSITE AT www.aberforth.co.uk. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 29 October 2003 for the above company were:- NAV: 429.04p (Excluding Current Year Revenue) NAV: 435.85p (Including ALL Revenue) As at 29 October 2003, ASCoT held 108 investments, the largest of

Net Asset Value(s)

Thu, Oct 23, 2003 13:17 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS DATED 29 SEPTEMBER 2003 ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 22 October 2003 for the above company were:- NAV: 430.72p (Excluding Current Year Revenue) NAV: 437.42p (Including ALL Revenue) As at 22 October 2003, ASCoT held 108 investments, the largest of which represented 3.4% of investable assets. The market value of investments was £353.3m and total Shareholders' Funds were £371.0m.

Net Asset Value(s)

Thu, Oct 16, 2003 13:42 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS DATED 29 SEPTEMBER 2003 ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 15 October 2003 for the above company were:- NAV: 439.16p (Excluding Current Year Revenue) NAV: 445.67p (Including ALL Revenue) As at 15 October 2003, ASCoT held 107 investments, the largest of which represented 3.3% of investable assets. The market value of investments was £360.8m and total Shareholders' Funds were £378.0m.

Holding(s) in Company

Mon, Oct 13, 2003 16:33 CET

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest Newton Investment Management Limited 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Notification is in respect of a non-beneficial interest of the person named in 2 above. 4) Name of the registered holder(s) and,

Net Asset Value(s)

Thu, Oct 09, 2003 12:07 CET

ABERFORTH SMALLER COMPANIES TRUST plc ("ASCoT") YOUR ATTENTION IS DRAWN TO THE PROSPECTUS DATED 29 SEPTEMBER 2003 ISSUED IN CONNECTION WITH THE RECONSTRUCTION OF ABERFORTH SPLIT LEVEL TRUST plc. The Net Asset Values ("NAVs") per Ordinary Share at the close of business on 8 October 2003 for the above company were:- NAV: 423.98p (Excluding Current Year Revenue) NAV: 430.42p (Including ALL Revenue) As at 8 October 2003, ASCoT held 107 investments, the largest of which represented 3.3% of investable assets. The market value of investments was £352.7m and total Shareholders' Funds were £365.1m.