ROYCE SMALL-CAP TRUST, INC. — Director's Dealing 2003

Aug 8, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYCE VALUE TRUST INC (RVT)
CIK: 0000804116
Period of Report: 2003-08-08

Reporting Person: FETTING MARK R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-08	Royce Value Trust, Inc.	P	1000	$15.19	Acquired	1000	Direct