Board Meeting Notification

Aberforth Smaller Companies Tst PLC
11 January 2000


Please be advised that the Board of Directors of Aberforth Smaller Companies
Trust plc will meet on 25 January 2000 to consider the preliminary results and
final dividend for the year ending 31 December 1999.

It is anticipated that an announcement will be made on 25 January 2000.

Aberforth Partners, Secretaries - 11 January 2000