Holding in Company

Henderson Smaller Cos Inv Tst PLC
22 May 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
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

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
CHASE NOMINEES LIMITED 14,656,935 SHARES

GLOBENET NOMINEES LIMIED 650,000 SHARES


5) Number of shares/amount of stock acquired
-


6) Percentage of issued class
-


7) Number of shares/amount of stock disposed
-


8) Percentage of issued class
-


9) Class of security
ORDINARY SHARES OF 25p


10) Date of transaction
NOT SPECIFIED


11) Date company informed
22 MAY 2001


12) Total holding following this notification
15,306,935



13) Total percentage holding of issued class following this notification
9.16%



14) Any additional information
12,983,185 SHARES HELD IN RESPECT OF THE ROYAL LONDON LONG TERM FUND


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
GEOFRREY RICE, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LTD

SECRETARY TO THE HENDERSON SMALLER COMPANIES TRUST PLC


Date of notification 22 MAY 2001