RNS No 2323b
TR SMALLER COMPANIES INVESTMENT TRUST PLC
23rd September 1997


TR SMALLER COMPANIES INVESTMENT TRUST PLC

As at close of business on 19 September 1997, the unaudited
net asset value per share calculated in accordance with the
AITC formula was 274.5p.

For further information, please call:

Mo Zahir
Investment Trust Accounting Department
Henderson Investors
Tel: 0171 410 4511


END

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