Smaller Companies Value Trust PLC



Scottish Widows Investment Partnership Limited announces the unaudited Net Asset
Values of Smaller Companies Value Trust plc on:

                                25 May 2007

            Package Unit        283.10      pence per share

            Capital Shares      226.24      pence per share

            Income Shares       56.86       pence per share

These figures include the revenue to date for the current financial year.
Smaller Companies Value Trust (LSE:SVLC)
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