Holding(s) in Company

NOTIFICATION OF MAJOR INTERESTS IN SHARES
1.Identity of the issuer or the   Aberforth Smaller Companies
underlying issuer of existing     Trust plc
shares to which voting rights are
attached:
2. Reason for the notification:
An acquisition or disposal of     Yes
voting rights
An acquisition or disposal of     N/A
financial instruments which may
result in the acquisition of
shares already issued to which
voting rights are attached
An event changing the breakdown   N/A
of voting rights
Other (please specify):           N/A

3. Full name of person(s) subject Rathbone Brothers PLC
to the notification obligation
4. Full name of shareholder(s)
(if different from 3.):           Rathbone Brothers PLC

                                  Rathbone Investment Management
                                  Ltd
                                  Rathbone Unit Trust Management
                                  Ltd
5. Date of the transaction (and   14 June 2007
date on which the threshold is
crossed or reached if different):
6. Date on which issuer notified: 15 June 2007
7. Threshold(s) that is/are       5%
crossed or reached:
8. Notified details:              N/A
A: Voting rights attached to shares
Class/type  Situation         Resulting situation after the
of          previous to the   triggering transaction
shares      Triggering
if          transaction
possible
using the
ISIN CODE
           Number   Number    Number  Number of         % of voting
           of       of        of      voting            rights
           Shares   Voting    Shares  rights
                    Rights    Direct  Direct  Indirect  Direct   Indirect
Ordinary   5264820  5264820   N/A     N/A     4873002   N/A      4.93%
1p Shares
GB000006655

B: Financial Instruments
Resulting situation after the triggering transaction
Type of   Expirat  Exercise/   Number of voting       % of voting
financial ion      Conversion  rights that may be     rights
instrumen date     Period/     acquired if the
t                  Date        instrument is
                               exercised/ converted.
N/A       N/A      N/A         N/A                    N/A
Total (A+B)

Number of voting rights      % of voting rights
4,873,002                    4.93%

9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if
applicable

Rathbone Brothers PLC*

Rathbone Investment Management Ltd      4.84%

Rathbone Unit Trust Management Ltd      0.09%


*Rathbone Brothers PLC is the holding company of the above
Proxy Voting:
10. Name of the proxy holder:          N/A
11. Number of voting rights proxy      N/A
holder will cease to hold:
12. Date on which proxy holder will    N/A
cease to hold voting rights:

13. Additional information:            N/A
14. Contact name:                      David Holland, Aberforth
                                       Partners LLP, Secretaries
15. Contact telephone number           0131-220-0733