RNS Number:4720Q
Shires Smaller Companies PLC
02 October 2003


                             SHIRES SMALLER COMPANIES plc

The Net Asset Value of Shires Smaller Companies plc as at close of business on 1
October 2003 was 179.3p.

Shires Smaller Companies plc, an investment trust, is managed by Glasgow
Investment Managers Limited.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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