Purchase of Own Securities

3i Smaller Quoted Co's Trust PLC
27 July 2001


On 27 July 2001, 3i Smaller Quoted Companies Trust plc purchased 55,000 of its
own Ordinary Shares of 25p each, at a purchase price of £1.81 per share, for
cancellation. Following the cancellation of these shares the Company's issued
share capital will amount to 57,563,523 Ordinary Shares of 25p each.