Holding in Company

Henderson Smaller Cos Inv Tst PLC
25 September 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

2   Name of shareholder having a major interest:
ROYAL LONDON ASSET 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:
AS IN 2 ABOVE - FUNDS MANAGED ON A DISCRETIONARY BASIS

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
REFUGE LONG TERM BUSINESS FD -  6,331,250
NO SPECIFIED                 - 12,144 500
TOTAL                        - 18,475,750


5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
600,000

8   Percentage of issued class:
0.35%

9   Class of security:
ORDINARY SHARES OF 25p

10  Date of transaction:
NOT SPECIFIED

11  Date company informed:
25.09.00

12  Total holding following this notification:
18,475,750 (OF WHICH 6,331,250 IS HELD BENEFICIALLY BY REFUGE ASSURANCE PLC)

13  Total percentage holding of issued class following this notification:
10.84% (OF WHICH 3.72% BELONGS TO REFUGE ASSURANCE PLC)

14  Contact name for queries:
GEOFFREY RICE

15 Contact telephone number:
020 7410 4469

16  Name of company official responsible for making notification:
FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED
SECRETARY TO THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

17  Date of notification:
25.09.2000



Additional Information: