RNS Number:8637R
Britannic Smaller Companies Tst PLC
10 November 2003



Announcement begins



Britannic Smaller Companies Trust PLC announces that as at the close of business
on 7 November 2003, the unaudited net asset value per share as calculated in
accordance with the AITC formula (excluding current financial year revenue
items) was 180.97p.







For further information contact:



Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




                      This information is provided by RNS
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