Holding in Co - Amendment

Henderson Smaller Cos Inv Tst PLC
12 October 2001

The Issuer advises that the following text replaces the Notification of Major
Interests in Shares announcement released on the 10 October 2001 at 16.16
under RNS number 4303L. The number of shares acquired should have read nil and
the number of shares disposed of should have read 2,739,000. The total
holdings following the notification remains as stated but the percentage
should read 4.72%. The registered holder was not stated.






                                 SCHEDULE 10

             NOTIFICATION OF MAJOR INTERESTS IN SHARES - AMENDED

1) Name of company

THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

2) Name of shareholder having a major interest

BRITISH STEEL PENSION FUND


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

AS IN 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 STATED


5) Number of shares/amount of stock acquired

-

6) Percentage of issued class

-

7) Number of shares/amount of stock disposed

2,739,000 SINCE LAST NOTIFICATION

8) Percentage of issued class

1.78% OF THE ISSUED SHARE CAPITAL AT 9 OCTOBER 2001 (153,710,880 SHARES)

9) Class of security

ORDINARY 25P SHARES

10) Date of transaction

UNKNOWN

11) Date company informed

10 OCTOBER 2001

12) Total holding following this notification

7,261,000

13) Total percentage holding of issued class following this notification

4.72%

14) Any additional information

NOTIFICATION RECEIVED FROM B.S. PENSION FUND TRUSTEE LIMITED


15) Name of contact and telephone number for queries

G S RICE - 020 7410 4469

16) Name and signature of authorised company official responsible for
making this notification

G S RICE, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED

SECRETARY


Date of notification

12 OCTOBER 2001