Net Asset Value(s)

The net asset value of Dunedin Smaller Companies Investment Trust plc as at the close of business on 3 September 2002 are as follows: Dunedin Smaller Companies Investment Trust plc Undiluted nav (p): 391.77 Potential Gearing: 123.1 Actual Gearing: 104.9 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/2002/09/04/20020904BIT00420/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/04/20020904BIT00420/wkr0002.pdf