ASL Aberforth Smaller Companies Trust Plc

The Board of Aberforth Smaller Companies Trust plc ("ASCoT") hereby gives notification that, pursuant to the authority granted at the Annual General Meeting of the Company held on 5 March 2024 to make market purchases of the Company's own shares, a market purchase of 30,000 Ordinary shares of the Company was made on 31 January 2025, at a price of 1,444.1667p per share.

Following the purchase and cancellation of the above shares, 83,274,105 Ordinary shares will remain in issue. A total of 960,500 Ordinary shares have been purchased and cancelled under the above authority.

For further information contact: Michael Campbell, Aberforth Partners LLP,

telephone: 0131 220 0733.

Aberforth Partners LLP, Secretaries

END