Downing Strate. Regulatory News (DSM)

Downing Strategic Micro-Cap Investment Trust Plc

The Company announces:

Total Assets (including unaudited revenue reserves at 11/05/2017) of £54.5m

Net Assets (including unaudited revenue reserves at 11/05/2017) of £54.5m

The Net Asset Value (NAV) at 11/05/2017 was:

Number of shares in issue:

Per Ordinary share (bid price) - including unaudited current period revenue*

98.03p

55,600,002

Per Ordinary share (bid price) - excluding current period revenue*

98.04p

Ordinary share price

105.00p

Premium to NAV

7.11%

*Current period revenue covers the period 09/05/2017 to 11/05/2017