Board Meeting Notification

Aberforth Smaller Companies Tst PLC
5 July 2001

ABERFORTH SMALLER COMPANIES TRUST plc


Board Meeting Notification

Please be advised that the Board of Directors of Aberforth Smaller Companies
Trust plc will meet on 17 July 2001 to consider the interim results and
interim dividend for the year to 31 December 2001.


It is anticipated that an announcement will be made on 17 July 2001.



Contact - Angus McCallum (Tel: [phone])
Aberforth Partners, Secretaries - 5 July 2001



ANNOUNCEMENT ENDS