Portfolio Update

1 Nov 2005 14:28

North Atlantic Smlr Co Inv Tst PLC01 November 2005 North Atlantic Smaller Companies Investment Trust plc (the "Company") In compliance with paragraph 15.4.11 (2) of the Listing Rules of the UK ListingAuthority, we hereby give notice that, as at 31 October 2005, the following is alist of the Company's ten largest investments which includes those with a valuegreater than 5% of the Company's gross assets: Name of Investee Company Class of share 1 American Opportunity Trust Ordinary 2 Nationwide Accident Repairs Common 3 US Treasury Bill Treasury Stock 4 Whatman Ordinary 5 WH Energy Common 6 UK Treasury Bill Treasury Stock 7 Sterling Construction Common 8 Oryx International Growth Fund Ordinary 9 Worldport Communications Common 10 Georgica Ordinary This information is provided by RNS The company news service from the London Stock Exchange