Net Asset Value(s)

20 Dec 2006 14:57

Shires Smaller Companies PLC20 December 2006 SHIRES SMALLER COMPANIES plc The Net Asset Value (NAV) of Shires Smaller Companies plc as at close ofbusiness on 19 December 2006 was 282.1p. This NAV has been prepared on the basis of guidance issued by the Association ofInvestment Companies (AIC). It includes the net income after expenses and apro-rata accrual for dividends in respect of the eleven months to 30 November2006. The AIC recommends Investments be valued at bid price. Shires Smaller Companies plc, an investment trust, is managed by GlasgowInvestment Managers Limited. This information is provided by RNS The company news service from the London Stock Exchange