Net Asset Value(s)

The net asset value of Dunedin Smaller Companies Investment Trust plc as at the close of business on 3 October 2002 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 350.01 Potential Gearing: 125.9 Actual Gearing: 97.5 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/04/20021004BIT00540/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/04/20021004BIT00540/wkr0002.pdf