Net Asset Value(s)

To: RNS

From: The Scottish Oriental Smaller Companies Trust PLC

LEI: 213800DBSW6WJXKNXL87

Date: 13 March 2018

Net Asset Values

The Scottish Oriental Smaller Companies Trust PLC announces the unaudited net asset values ("NAVs") of the Company as at the close of business on 12 March 2018.

Financial assets have been valued on a fair value basis using bid price, or, if more appropriate, a last trade price basis.

The figures do not include any provision for capital gains tax on net unrealised gains on holdings of Indian securities.

1,144.61 pence per share (excluding income)

1,145.03 pence per share (including income)