Downing Strategic Micro-Cap Investment Trust Plc   
LEI Code: 213800QMYPUW4POFFX69   
Net Asset Value   
The Company announces:   
Total Assets (including unaudited revenue reserves at 21 May 2020) of £34.79m.   
Net Assets (including unaudited revenue reserves at 21 May 2020) of £34.79m.   
    
The Net Asset Value (NAV) at 21 May 2020 was:  Number
of shares
 in issue:
Per Ordinary share (bid price) - including unaudited current period revenue* 63.72p 54,600,002
Per Ordinary share (bid price) - excluding current period revenue* 63.43p  
Ordinary share price 46.50p  
Premium/(Discount) to NAV (27.03%)  
    
*Current period revenue covers the period 01/03/2020 to 21/05/2020