Holding(s) in Company

SCHEDULE 10                                  

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of company

BlackRock Smaller Companies Trust plc

2) Name of shareholder having a major interest

Nutraco Nominees Limited

3) Please state whether notification indicates that it is in respect of

holding of the shareholder named in 2 above or in respect of a non-beneficial

interest or in the case of an individual holder if it is a holding of that

person's spouse or children under the age of 18

Non-beneficial

4) Name of the registered holder(s) and, if more than one holder, the number

of shares held by each of them

Nutraco Nominees Limited

5) Number of shares/amount of stock acquired

Not notified

6) Percentage of issued class

Not notified

7) Number of shares/amount of stock disposed

Not notified

8) Percentage of issued class

Not notified

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

n/a

11) Date company became aware of holding

n/a

12) Total holding following this notification

98,026

13) Total percentage holding of issued class following this notification

0.20%

14) Any additional information

BlackRock Smaller Companies Trust plc announces that BlackRock Investment

Management (UK) Limited has a notifiable interest in 98,026 ordinary shares,
being 0.20% of

the issued share capital of the Company (excluding treasury shares). These
shares are held on behalf of participants in

the BlackRock Investment Trust savings products. BlackRock Investment
Management (UK)

Limited has a notifiable interest in these shares because, in certain
circumstances and subject

to certain limitations agreed with the Takeover Panel to ensure compliance with
the Takeover

Code, with effect from 14 March 2007 BlackRock is entitled to exercise the
voting rights attached

to these shares if the relevant plan participants do not do so.

15) Name of contact and telephone number for queries

Caroline Driscoll

Tel: [phone]

16) Name and signature of authorised company official responsible for making

this notification

Caroline Driscoll

Company Secretary

BlackRock Investment Management (UK) Limited

Date of notification:

2 June 2008