RNS Number:9870T
Osprey Smaller Cos Income Fund Ltd
08 January 2004

The directors of Osprey Smaller Companies Income Fund Limited today announce
that the Net Asset Value per Ordinary Share based on mid market prices as at 31
December 2003 was 134.97 pence.



Enquiries to: Collins Stewart Fund Management Limited

                  No 1 Le Truchot

                  St Peter Port

                  Guernsey

                  GY1 4AE


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            The company news service from the London Stock Exchange
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