Hldg in Company - Amendment

3I Smaller Quoted Co's Trust PLC
10 November 1999

                             **AMENDMENT**

LETTER TO:  3i SMALLER QUOTED COMPANIES TRUST

COMPANIES ACT 1985 - DISCLOSURE OF INTEREST IN SHARES

This is an amendment to the fax and letter dated 9th November 1999.

Consequent upon a sale in the market of 584,252 shares on 8th November 1999, we
now hold the following number of shares, which are not subject to a concert
party and will not be registered as follows:

Material Interest

MSS Nominees Ltd A/c 357206               1,487,633
MSS Nominees Ltd A/c 747381                  73,000

                                          1,560,633          2.69%

Please note that this percentage is based upon our understanding that your
issued share capital is 57,918,523.

LETTER FROM:  LEGAL & GENERAL INVESTMENT MANAGEMENT