Net Asset Value(s)

The net asset value of Edinburgh Small Companies Trust plc as at the close of business on 27 May 2002 are as follows: Edinburgh Small Companies Trust plc Undiluted nav (p): 107.42 Diluted nav (p): 107.10 Potential Gearing: 155.2 Actual Gearing: 123.4 For Edinburgh Fund Managers plc David Holland 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/2002/05/28/20020528BIT00570/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/28/20020528BIT00570/wkr0002.pdf