Director Shareholding

INVESCO Perpetual UK Smaller Companies Investment Trust            

                                  SCHEDULE 11                                  

HEADLINE: NOTIFICATION OF INTERESTS OF

DIRECTORS AND CONNECTED PERSONS

1) Name of company

INVESCO PERPETUAL UK SMALLER COMPANIES INVESTMENT TRUST PLC

2) Name of director

RICHARD BROOMAN

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 or in respect of a non-beneficial
interest

BENEFICIAL INTEREST OF SHAREHOLDER NAMED ABOVE

4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

AS ABOVE

5) Please state whether notification relates to a person(s) connected with the
Director named in 2 above and identify the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

SHARE PURCHASE

7) Number of shares/amount of stock acquired

500

8) Percentage of issued class

0.003%

9) Number of shares/amount of stock disposed

N/A

10) Percentage of issued class

NOT APPLICABLE

11) Class of security

ORDINARY

12) Price per share

462p

13) Date of transaction

4 JUNE 2004

14) Date company informed

4 JUNE 2004

15) Total holding following this notification

3,934

16) Total percentage holding of issued class following this notification

0.0282%

17) Name of contact and telephone number for queries

ALEX PROUDLER

020 7065 3249

18) Name and signature of authorised company official responsible for making
this notification

ALEX PROUDLER

For INVESCO ASSET MANAGEMENT LIMITED - SECRETARIES

Date of Notification

4 JUNE 2004