Smaller Companies Value Trust PLC

SMALLER COMPANIES VALUE TRUST plc

                                                                         25 Gresham Street
                                                                         London EC2V 7HN


                                                   29 December 2006      Tel: 020 7356 2014
                                                                         Fax: 020 7356 1038

SMALLER COMPANIES VALUE TRUST PLC

A copy of the interim report for the six months ended 31 October 2006 has been
submitted to the UK Listing Authority and will shortly be available for
inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Scottish Widows Investment Partnership Limited

Company Secretary

                 Smaller Companies Value Trust plc is registered

           in England No. 4388908 and is an Investment Company within

               the meaning of Part VIII of the Companies Act 1985

               Registered Office: 10 Fleet Place, London EC4M 7RH


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