Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
20 May 2002



                                  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
HENDERSON GLOBAL INVESTORS LIMITED AND ITS ASSOCIATED COMPANIES

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 AS AGENT FOR DISCRETIONARY CLIENTS

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
NOT SPECIFIED

5. Number of shares / amount of stock acquired
-

6. Percentage of issued class
-

7. Number of shares / amount of stock disposed
4,135,763 BY PEARL ASSURANCE PLC

8. Percentage of issued class
0.29% (AT TIME OF DISPOSAL)

9. Class of security
ORDINARY 25p SHARES

10. Date of transaction
9 MAY 2002



11. Date company informed
20 MAY 2002

12. Total holding following this notification
6,083,308 (INCLUDING 529,735 BY PEARL ASSURANCE PLC)

13. Total percentage holding of issued class following this notification
4.44%

14. Any additional information
-

15. Name of contact and telephone number for queries
GEOFFREY RICE, 020 7818 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

Date of notification
20 MAY 2002


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