RNS Number:8815C
SMALLER COMPANIES VALUE TRUST PLC
23 October 2002



Smaller Companies Value Trust plc
23 October 2002


As promised in the prospectus issued by the Company on 27 March 2002, the
Company's application to cancel its share premium account was approved by the
court on 16 October 2002 and such cancellation became effective on 18 October
2002.


END

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END
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