Directorate Change

Shires Smaller Companies PLC
24 November 2003


24 November 2003

SHIRES SMALLER COMPANIES PLC APPOINTS NEW NON-EXECUTIVE DIRECTOR

Mike Balfour has been appointed a Non-Executive Director of Shires Smaller
Companies plc with effect from 14 November 2003.

He is currently a director of McLeod Russel Holdings plc and Martin Currie
European Capital Trust Limited. He was also a director of EFM Group plc from 22
September 1998 to 5 October 2001.

In accordance with Listing Rule 16.4(b) there are no details to be disclosed in
respect of the requirements in paragraphs 6.F.2(b) to (g).


Shires Smaller Companies plc is managed by Glasgow Investment Managers Limited.




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