Listing Rule 15

ISIS Smaller Companies Trust PLC
04 January 2006


To:       RNS
From:     ISIS Smaller Companies Trust plc
Date:     04-Jan-06
          

Listing Rule 15

In accordance with paragraph 15.4.11(2) of the Listing Rules ISIS Smaller
Companies Trust plc announces its top ten holdings, including all holdings with
a value greater than 5% of its gross assets, as at 30-Dec-05:


ISIS Smaller Companies Trust
Top 10 Holdings

Company                                            % Total Assets

Restaurant Group                                   4.7
MTL Instruments                                    4.3
Hitachi Capital                                    4.1
Mouchel Parkman                                    4.0
Xaar                                               3.6
Victrex                                            3.4
Morgan Crucible                                    3.0
Thorntons                                          2.4
Consolidated Mineral                               2.2
Brewin Dolphin                                     2.2



For further information please contact:

Gordon Hay Smith
F&C Asset Management plc
0131 465 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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