Aberforth Smaller Companies Trust plc ("ASCOT")The Net Asset Values ("NAVs") per Ordinary Share for the above company as atthe close of business on 11 February 2015 were:-Excluding current year Revenue = 1,171.90pIncluding ALL Revenue = 1,190.11pASCOT has bank debt facilities available to allow gearing of up to 11.0% ofShareholders' Funds. Current gearing is 2.9%. There are currently 95,344,792Ordinary Shares of 1p in issue.Contact - David Holland (Tel: 0131 220 0733)Aberforth Partners LLP, Secretaries - 12 February 2015