Tender Offer - update

Edinburgh Small Companies Trust plc 04 December 2006 Edinburgh Small Companies Trust plc Tender Offer - update Announcement of Tender Price and Warrant Tender Price Further to the announcement made on 9 November 2006, the Board of Edinburgh Small Companies Trust plc announces that the Tender Price, calculated as at the Tender Offer Determination Date of 5 p.m. on 30 November 2006, in respect of the 32,629,217 Shares validly tendered under the Tender Offer is 115.9513p. In relation to the Warrant Offer, the Warrant Tender Price in respect of the 117,791 Warrants validly tendered is 16.5938p. Following approval by Shareholders on 14 August 2006 and confirmation by the Court of Session on 22 November 2006, the amount standing to the credit of the Company's capital redemption reserve has been cancelled and the credit arising has been applied to a distributable reserve able to be used in order to implement the Tender Offer and Warrant Offer. It is expected that cheques in respect of Tender Offer and Warrant Offer consideration will be despatched and that CREST accounts will be credited by 6 December 2006. Balancing Share and Warrant certificates will be sent during the week commencing 11 December 2006. Following implementation of the Tender Offer and Warrant Offer there will be 34,777,790 Shares in issue and 2,902,319 Warrants in issue. Enquiries Gordon Humphries Standard Life Investments 0131 245 2735 Nathan Brown/Jane Lewis Winterflood Investment Trusts 020 7621 5572 / 020 7621 5521 Capitalised terms shall bear the same meanings given to them in the Company's Circular dated 11 October 2006 unless the context otherwise requires This information is provided by RNS The company news service from the London Stock Exchange
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