Smaller Companies Value Trust PLC



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

These figures include all income:

                           7 December 2007

Package Unit               215.50            pence per share

Capital Shares             155.99            pence per share

Income Shares              59.51             pence per share

These figures exclude all income:

                           7 December 2007

Package Unit               210.00             pence per share

Capital Shares             155.99             pence per share

Income Shares              54.01              pence per share
Smaller Companies Value Trust (LSE:SVLC)
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