Net Asset Value(s)

The net asset value of Edinburgh Small Companies Trust plc as at the close of business on 27 September 2002 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p):58.82 Diluted nav (p): Potential Gearing: 148.4 Actual Gearing:124.9 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/30/20020930BIT00800/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/30/20020930BIT00800/wkr0002.pdf