RNS Number:4828H
Henderson Japanese Smlr Cos Tst PLC
25 July 2001


HENDERSON JAPANESE SMALLER COMPANIES TRUST PLC

HENDERSON GLOBAL INVESTORS

25 JULY 2001



HENDERSON JAPANESE SMALLER COMPANIES TRUST PLC

As at close of business on 24 July 2001, the unaudited net asset value per
share calculated in accordance with the AITC formula was 46.2p.



                                   - ENDS -



For further information, please call:

John Hilton

Investment Trust Accounting Department

Cogent Investment Operations Limited

Tel: 020 7410 4538
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