ASL Aberforth Smaller Companies Trust Plc

Aberforth Smaller Companies Trust plc

In accordance with UKLA Listing Rule 15.6.8R, the following table represents Aberforth Smaller Companies Trust plc’s (ASCOT) investments , as at 30 June 2015, in other UK listed closed-ended investment funds (including REIT’s) which themselves do not have a stated investment policy to invest no more than 15% of their gross assets in other UK listed closed-ended investment funds ( including REIT’s):

ASCOT does not invest in any securities issued by investment trusts or investment companies with the exception of real estate investment trusts (REIT's).

For further information contact: David Holland, Aberforth Partners LLP, telephone: 0131 220 0733.

Aberforth Partners LLP, Secretaries – 6 July 2015