TIDMSVLC 
 
 




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


 




  These figures include all income: 


 
                 16 January 2009 
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=------------------------------------------------ 
Package Unit     109.47           pence per share 
=------------------------------------------------ 
=------------------------------------------------ 
Capital Shares   47.67            pence per share 
=------------------------------------------------ 
=------------------------------------------------ 
Income Shares    61.80            pence per share 
=------------------------------------------------ 
 
 




  These figures exclude all income: 


 
                 16 January 2009 
=------------------------------------------------ 
=------------------------------------------------ 
Package Unit     106.45           pence per share 
=------------------------------------------------ 
=------------------------------------------------ 
Capital Shares   47.67            pence per share 
=------------------------------------------------ 
=------------------------------------------------ 
Income Shares    58.78            pence per share 
=------------------------------------------------
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