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 2007, it purchased for cancellation 90,119 ordinary shares of 20p each
at 206.254p per share.

Following this purchase there remain 65,159,952 shares in issue.

24 May 2007

Enquiries:

Richard Smith - 01491 417113