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 31 May 2026 were:-

Excluding current year Revenue = 1,764.77p

Including ALL Revenue = 1,798.07p

ASCOT has bank debt facilities available to allow gearing of up to 8.3% of Shareholders' Funds.  Current gearing is 5.8%.  There are currently 77,859,605 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

1 June 2026