Holding(s) in Company

SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company:
     Edinburgh Small Companies Trust plc

2) Name of shareholder having a major interest
     British Airways Pensions Trustees Ltd

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
2 above

4) Name of the registered holder(s) and, if more than one holder, the
 number of shares held by each of them
     Not disclosed

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,
     Not disclosed

8) Percentage of issued class
     Not disclosed

9) Class of security
     Ordinary 25p shares

10) Date of transaction
     19 August 2003

11) Date company informed
     19 August 2003

12) Total holding following this notification
     3,189,000

13) Total percentage holding of issued class following this notification
     4.73%

14) Any additional information
     none

15) Name of contact and telephone number for queries
     Amanda Fraser, 0131 313 6472

16) Name and signature of authorised company official responsible for
making this notification - Amanda Fraser 0131 313 6472
Date of notification 20.8.03