Holding in Company

Henderson Smaller Cos Inv Tst PLC
19 February 2001

                                 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

M & G INVESTMENT 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

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

PRUCLT HSBC GIS NOM(UK)PAC AC - 11,252,153

PRUCLT HSBC GIS NOM (UK) PPL AC - 36,000

PRUDENTIAL HOLBORN PENSIONS LD - 6,570

5) Number of shares/amount of stock acquired

14,390

6) Percentage of issued class

IMMATERIAL

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

ORDINARY 25P SHARES

10) Date of transaction

NOT SPECIFIED

11) Date company informed

16 FEBRUARY 2001

12) Total holding following this notification

11,294,723


13) Total percentage holding of issued class following this notification

6.73%

14) Any additional information


15) Name of contact and telephone number for queries

GEOFFREY RICE, 020 7410 4469

16) Name and signature of authorised company official responsible for
making this notification
GEOFFREY RICE, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED
Date of notification 19 FEBRUARY 2001