Net Asset Value(s)

The net asset value of Dunedin Smaller Companies Investment Trust plc as at the close of business on 27 August 2002 are as follows: Dunedin Smaller Companies Investment Trust plc Undiluted nav (p): 410.67 Potential Gearing: 122.1 Actual Gearing: 110.2 For Edinburgh Fund Managers plc Company Secretary ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/28/20020828BIT00430/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/28/20020828BIT00430/wkr0002.pdf