Net Asset Value(s)

The net asset value of Edinburgh Small Companies Trust plc as at the close of business on 28 June 2002 are as follows: Edinburgh Small Companies Trust plc Undiluted nav (p): 92.98 Diluted nav (p): n/a Potential Gearing: 163.8 Actual Gearing: 124.5 The net asset value after deducting debt at market value is 89.46p. 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/2002/07/01/20020701BIT00720/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/01/20020701BIT00720/wkr0002.pdf