Portfolio Update

Merrill Lynch British Smaller Companies Trust plc
As at 29 February 2008

Top 10 holdings:                                  

 

                                                    
                                                    
ALBIDON                                             
                                                    
AVOCET                                              
                                                    
BREWIN DOLPHIN HOLDINGS                                      
                                                    
DECHRA PHARMACEUTICALS                              
                                                    
HILL & SMITH HOLDINGS                                        
                                                    
ITE GROUP                                           
                                                    
RATHBONE BROTHERS                                   
                                                    
SPIRAX-SARCO ENGINEERING                         
                                                    
ULTRA ELECTRONIC HOLDINGS                           
                                                    
VICTREX                                             

 


Other holdings over 5%:


n/a


Holdings in restricted UK listed investment companies:

n/a

4 March 2008