Aberforth Smaller Companies Trust plc ("ASCOT")The Net Asset Values ("NAVs") per Ordinary Share for the above company as atthe close of business on 26 March 2015 were:-Excluding current year Revenue = 1,211.74pIncluding ALL Revenue = 1,219.66pASCOT has bank debt facilities available to allow gearing of up to 10.8% ofShareholders' Funds. Current gearing is 2.4%. There are currently 95,284,792Ordinary Shares of 1p in issue.Contact - David Holland (Tel: 0131 220 0733)Aberforth Partners LLP, Secretaries - 27 March 2015