RNS Number:5615Q
Britannic Smaller Companies Tst PLC
06 October 2003


Announcement begins

Britannic Smaller Companies Trust PLC announces that as at the close of business
on 3 October 2003, the unaudited net asset value per share as calculated in
accordance with the AITC formula (excluding current financial year revenue
items) was 179.76p.

For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257

Announcement Ends


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