Smaller Companies Value Trust PLC



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

These figures include all income:

                             2 November 2007

Package Unit                 248.03               pence per share

Capital Shares               189.57               pence per share

Income Shares                58.46                pence per share

These figures exclude all income:

                              2 November 2007

Package Unit                  243.17            pence per share

Capital Shares                189.57            pence per share

Income Shares                 53.60             pence per share
Smaller Companies Value Trust (LSE:SVLC)
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