Board Meeting Notification

Aberforth Smaller Companies Tst PLC
11 July 2000

Please be advised that the Board of Directors of Aberforth Smaller Companies
Trust plc will meet on 18 July 2000 to consider the interim results and
interim dividend for the year ending 31 December 2000.

It is anticipated that an announcement will be made on 18 July 2000.

Aberforth Partners, Secretaries - 11 July 2000