RNS Number:2493R
Shires Smaller Companies PLC
23 October 2003



SHIRES SMALLER COMPANIES plc


The Net Asset Value of Shires Smaller Companies plc as at close of business on
22 October 2003 was 185.0p.


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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