Net Asset Value(s)

The net asset value of Dunedin Smaller Companies Investment Trust plc as at the close of business on 6 November 2002 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 356.00 Potential Gearing: 125.5 Actual Gearing: 98.4 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/07/20021107BIT01190/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/07/20021107BIT01190/wkr0002.pdf