Transaction in Own Shares

INVESCO Perpetual UK Smaller Companies Investment Trust plc          

HEADLINE: PURCHASE OF ORDINARY SHARES

FOR CANCELLATION

INVESCO Perpetual UK Smaller Companies Investment Trust plc announces that on
23 May 2006, it purchased for cancellation 8,100 ordinary shares of £1 each at
764.6481p per share.

Following this purchase there remain 13,612,606 shares in issue.

24 May 2006

Enquiries:

Richard Smith - 01491 417113