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 9 October 2023 were:-

Excluding current year Revenue = 1,326.51p

Including ALL Revenue = 1,364.59p

ASCOT has bank debt facilities available to allow gearing of up to 11.5% of Shareholders' Funds. Current gearing is 4.3%. There are currently 84,489,605 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

10 October 2023