Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES               

1. Identity of the issuer or the underlying issuer of  Invesco Perpetual UK    
existing shares to which voting rights are attached    Smaller Companies       
(ii):                                                  Investment Trust plc    

2. Reason for the notification                               State Yes/No      
                                                                               
An acquisition or disposal of voting rights                      Yes           
                                                                               
An acquisition or disposal of financial instruments                            
which may                                                                      
                                                                               
result in the acquisiiton of shares already issued to                          
which voting                                                                   
                                                                               
rights are attached                                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Change in issued share capital                         

3. Full name of person(s) subject to the notification  1607 Capital Partners,  
obligation (iii):                                      LLC                     
                                                                               
4. Full name of shareholder(s) (if different from 3.)  Northern Trust 3,381,746
(iv):                                                                          
                                                       BNY Mellon     2,507,196    
                                                                               
                                                       State Street   1,054,916
  
                                                                               
5. Date of the transaction (and date on which the      9 January 2014          
threshold is                                                                   
                                                                               
crossed or reached if different) (v):                                          
                                                                               
6. Date on which issuer notified:                      10 January 2014         
                                                                               
7. Threshold(s) that is/are crossed or reached:        13%                     
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type   Situation previous     Resulting situation after the triggering   
of shares if  to the triggering                transaction (vii)               
possible      transaction (vi)                                                 
using the                                                                      
ISIN CODE                                                                      
                                                                               
              Number of Number of Number of  Number of voting     % of voting   
               Shares    Voting    shares         rights            rights      
                         Rights                                                 
                         (viii)                    (ix)                         
                                                                               
                                   Direct    Direct  Indirect   Direct  Indirect
                                                       (x)                     
                                              (x)                               
                                                                               
GB00B1FL3C76 6,843,858 6,843,858                    6,943,858          13.05%  

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of          Expiration       Exercise/     Number of voting   % of voting 
financial       date (xiii)   Conversion Period  rights that may     rights    
instrument                       /Date (xiv)     be acquired if                
                                                the instrument is              
                                                   exercised/                  
                                                    converted                  
                                                                               
None                                                                           

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
Same as A                                                                      

9. Chain of controlled undertakings through which the voting rights and/or the
financial

instruments are effectively held, if applicable (xv):



Proxy Voting:

10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy                                              
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will                                            
cease to hold voting rights:                                                   
                                                                               
13. Additional information:                                                    
                                                                               
14. Contact name:                       Kevin Mayger                           
                                                                               
15. Contact telephone number:           0207 065 4000