Net Asset Value(s)

Aberforth Smaller Companies Trust plc ("ASCOT")

The Net Asset Values ("NAVs") per Ordinary Share for the above company as at the close of business on 6 February 2024 were:-

Excluding current year Revenue = 1,464.71p

Including ALL Revenue = 1,503.72p

ASCOT has bank debt facilities available to allow gearing of up to 11.6% of Shareholders' Funds. Current gearing is 5.0%. There are currently 84,384,605 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

7 February 2024