Net Asset Value(s)

The net asset value of Dunedin Smaller Companies Investment Trust plc as at the close of business on 4 October 2002 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 347.76 Potential Gearing: 126.1 Actual Gearing: 97.2 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/07/20021007BIT00340/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/07/20021007BIT00340/wkr0002.pdf