Transaction in Own Shares

Edinburgh Small Companies Trust plc
22 May 2007


                      EDINBURGH SMALL COMPANIES TRUST PLC



On 22 May 2007, Edinburgh Small Companies Trust PLC bought back 26,000 of its
ordinary 25 pence shares for cancellation at an average price of 132.10 pence
per share. Following the buy back, there are 33,023,790 ordinary 25 pence shares
remaining in issue. The share buy-back will be financed out of the capital
reserve.


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