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
     Schroder Investment Management Limited

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
     On behalf of discretionary clients of 2 above

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

     Mineworkers Pension Scheme (Client) Nominees Limited A/C:R -   4,798,470
     shares

     British Coal Staff Superannuation Scheme Nominees Limited A/C: P - 4,798,470
     shares

     Chase Nominees Limited - 1,990,460 shares

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
    31 January 2005

12) Total holding following this notification
    11,587,400

13) Total percentage holding of issued class following this
    notification
    17.19%

14) Any additional information
    N/A

15) Name of contact and telephone number for queries
    Stuart Reid - Company Secretary - 0131 313 1000

16) Name and signature of authorised company official responsible for
    making this notification - Date of notification - 1 February 2005