Holding(s) in Company

Aberdeen Asian Smaller Co's Inv Tst
29 August 2006

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Aberdeen Asian Smaller Companies Investment Trust plc



2. Name of shareholder having a major interest


Rio Tinto plc



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 or children under the age of 18


As in 2 above



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


HSBC Global Custody Nominee (UK) Ltd - 810313



5. Number of shares / amount of stock acquired


Not disclosed



6. Percentage of issued class


Not disclosed



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


Ordinary 25p shares



10. Date of transaction


Not disclosed



11. Date company informed


29 August 2006



12. Total holding following this notification


1,250,000 Ordinary 25p shares



13. Total percentage holding of issued class following this notification


3.88%



14. Any additional information






15. Name of contact and telephone number for queries


Charles Mearns - Tel [phone]



16. Name and signature of authorised company official responsible for making
this notification


Aberdeen Asset Management PLC - Secretary



Date of notification


29 August 2006






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