TIDMSVLC 
 
 
In accordance with Listing Rule 21.20 (1) (ii), Smaller Companies  Value Trust 
announces that at 31 March 2009 the largest investments, and where  appropriate 
any investment with a value greater than 5% of the Company's gross  assets, are as follows:- 
SMALLER COMPANIES VALUE TRUST 
31-Mar-09 
TOP TEN HOLDINGS 
STOCK NAME                       MARKET VALUE   % OF GROSS ASSET VALUE 
SWIP GLOBAL LIQUIDITY FUND PLC   22,122,827.23  100.00%
Smaller Companies Value Trust (LSE:SVLC)
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