Holding in Company

Perpetual UK Smaller Co's IT PLC
10 August 2001


Headline:                    Holding in Company


Schedule 10 - Notification of Major Interests in Shares




1.         Name of Company



            Perpetual UK Smaller Companies Investment Trust plc



2.         Name of shareholder having a major interest



AEGON UK Plc



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 of children under the age of 18:



            Beneficial holding



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



            Chase Nominees Limited



5.         Number of shares/amount of stock acquired:



            650,000



6.         Percentage of issued class:



            4.64%



7.         Number of shares/amount of stock disposed:



            N/A



8.         Percentage of issued class:



            N/A



9.         Class of security:



            Ordinary shares





10.       Date of Transaction:



            9 August 2001



11.       Date company informed:



            10 August 2001



12.       Total holding following this notification:



796,129



13.       Total percentage holding of issued class following this
notification:



5.69%



14.       Contact name for queries:



            Alex Campbell



15.       Contact telephone number:



            0207 454 3644



16.       Name of company official responsible for making notification:



            Alex Campbell

            for INVESCO Asset Management Limited, Secretaries



17.       Date of notification:



            10 August 2001





Additional Information