Net Asset Value(s)

The net asset value of Edinburgh Small Companies Trust plc as at the close of business on 3 July 2002 are as follows: Edinburgh Small Companies Trust plc Undiluted nav (p): 89.19 Diluted nav (p): n/a Potential Gearing: 166.5 Actual Gearing: 125.6 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/2002/07/04/20020704BIT00640/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/04/20020704BIT00640/wkr0002.pdf