RNS Number:5810H
British Smaller Companies VCT PLC
17 February 2003


                       BRITISH SMALLER COMPANIES VCT PLC

                                NET ASSET VALUE


British Smaller Companies VCT plc's unaudited net asset value per share as at 31
December 2002 was 64.3p.


17 February 2003


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

NAVGUUMPPUPWGCM