Purchase of Own Securities

3i Smaller Quoted Co's Trust PLC
29 October 2002

3i Smaller Quoted Companies Trust plc



On 8 October 2002, 3i Smaller Quoted Companies Trust plc announced that it had
purchased 100,000 of its own Ordinary Shares of 25p each, for cancellation. The
Company now confirms that these shares were cancelled on 29 October 2002.

 The Company's issued share capital is now 57,033,523 Ordinary Shares of 25p
each.


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