RNS Number:1654T
Shires Smaller Companies PLC
11 December 2003



                         SHIRES SMALLER COMPANIES plc


The Net Asset Value of Shires Smaller Companies plc as at close of business on
10 December 2003 was 178.6p.

Shires Smaller Companies plc, an investment trust, is managed by Glasgow
Investment Managers Limited.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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