Annual Information Update

Shires Smaller Companies PLC
11 April 2006

                            SHIRE SMALLER COMPANIES


                           ANNUAL INFORMATION UPDATE



Pursuant to the requirements of Prospectus Rule 5.2, the following summarises
the information that has been published or made available to the public by the
Company throughout the twelve months ended 10 April 2006.


The Company uses the London Stock Exchange RNS Service to make announcements to
the market.  Copies of announcements can be obtained from the RNS service using
the following link:

http://www.londonstockexchange.com/en-gb/pricesnews/marketnews


Report and Accounts can be inspected at the UK Listing Authority's Document
Viewing Facility, which is situated at:


Financial Services Authority
25 The North Colonade
Canary Wharf
London
E14 5HS

Telephone [phone]



Report and Accounts are also available from the Company Secretary, Glasgow
Investment Managers Limited, Sutherland House, 149 St Vincent Street, Glasgow G2
5DR or can be downloaded from the website www.glasgowinvestmentmanagers.co.uk



Copies of documents filed with Companies House can be obtained from Companies
House or through Companies House Direct at http://direct.companieshouse.gov.uk



Notes:

•  Notifications of the Company's Net Asset Value are released weekly on
   the RNS Service and are not detailed individually in the list below.

•  Some of the information listed may be out of date at the date of
   submission of this Annual Information Update.


Information published on the London Stock Exchange RNS service                      Date of Publication/Filing

Top Ten Holdings                                                                           4 April 2006
Holdings in Investment Companies                                                           4 April 2006
Dividend Declaration                                                                       6 April 2006
Final Results                                                                              23 March 2006
Holdings in Investment Companies                                                           01 March 2006
Director/PDMR Shareholding                                                               16 February 2006
Holdings in Investment Companies                                                         03 February 2006
Portfolio Update                                                                         01 February 2006
Statement re. Section 272 Accounts                                                       01 February 2006
Holdings in Investment Companies                                                          31 January 2006
Dividend Declaration                                                                      05 January 2006
Portfolio Update                                                                          04 January 2006
Top Ten Holdings                                                                          04 January 2006
Blocklisting Interim review                                                              22 December 2005
Portfolio Update                                                                         02 December 2005
Director/PDMR Shareholding                                                               03 November 2005
Portfolio Update                                                                         01 November 2005
Dividend Declaration                                                                      06 October 2005
Portfolio Update                                                                          04 October 2005
Top Ten Holdings                                                                          04 October 2005
Interim Results                                                                          22 September 2005
Portfolio Update                                                                         01 September 2005
Director Shareholding                                                                     04 August 2005
Holdings in Investment Companies                                                          02 August 2005
Statement re. Section 272 Accounts                                                         29 July 2005
Dividend Declaration                                                                       07 July 2005
Top Ten Investments                                                                        04 July 2005
Holdings in Investment Companies                                                           04 July 2005
Holdings in Investment Companies                                                           02 June 2005
Director Shareholding                                                                       05 May 2005
Holdings in Investment Companies                                                            04 May 2005
Blocklisting Interim Review                                                                22 April 2005


Documents Filed with the Registrar of Companies

Annual Return Form 363s                                                                    13 March 2006
Section 272 Accounts to 31 December 2005                                                  18 January 2006
Declaration of Mortgage Charge 419a                                                      29 December 2005
Section 272 Accounts to 30 September 2005                                                 27 October 2005
Section 272 Accounts to 30 June 2005                                                       29 July 2005
Group Accounts to 31 December 2004                                                         03 June 2005
RES 10 - Auth allot securities to 31 March 2005                                            15 April 2005


Publications submitted to the UKLA's Document Viewing Facility

Interim Report and Accounts for half year ended 30 June 2005                             28 September 2005
Annual Report and Accounts for the year ended 31 December 2005                             5 April 2006






                      This information is provided by RNS
            The company news service from the London Stock Exchange