Holding(s) in Company

Headline: Holding in Company

            Schedule 10 - Notification of Major Interests in Shares            

1. Name of Company

INVESCO Perpetual UK Smaller Companies Investment Trust plc

2. Name of shareholder having a major interest

Chiswell Associates 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 of children under the age of 18:

Chiswell Associates Limited on behalf of Discretionary and Advisory Clients

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

HSBC Global Custody Nominees (UK) Ltd

5. Number of shares/amount of stock acquired:

19,600

6. Percentage of issued class:

0.14%

7. Number of shares/amount of stock disposed:

n/a

8. Percentage of issued class:

n/a

9. Class of security:

Ordinary shares

10. Date of Transaction:

20 July 2004

11. Date company informed:

20 July 2004

12. Total holding following this notification:

1,979,595 (discretionary clients)

9,750 (advisory clients)

1,989,345

13. Total percentage holding of issued class following this notification:

14.28%

14. Contact name for queries:

Kerstin Rucht

15. Contact telephone number:

020 7065 4517

16. Name of company official responsible for making notification:

Kerstin Rucht

for INVESCO Asset Management Limited, Secretaries

17. Date of notification:

20 July 2004

Additional Information