Smaller Companies Value Trust PLC



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

These figures include all income:

                                     14 December 2007

Package Unit                         212.11                                  pence per share

Capital Shares                       152.27                                  pence per share

Income Shares                        59.84                                   pence per share

These figures exclude all income:

                                     14 December 2007

Package Unit                         206.37                                   pence per share

Capital Shares                       152.27                                   pence per share

Income Shares                        54.10                                    pence per share
Smaller Companies Value Trust (LSE:SVLC)
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