Top 10

ISIS Smaller Companies Trust PLC
5 January 2005


To:        RNS
From:      ISIS Smaller Companies Trust plc
Date:      05-Jan-05



Listing Rule 21



In accordance with paragraph 21.20 l (ii) 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 31-Dec-04:




ISIS Smaller Companies Trust
Top 10 Holdings
Company                                            % Total Assets
Restaurant Group                                   4.7
Hitachi Capital                                    4.3
Domino Printing Scie                               4.1
Paladin Resources                                  4.1
MTL Instruments                                    4.0
Bovis Homes                                        3.7
Mouchel Parkman                                    3.5
RPC Grp                                            3.1
Thorntons                                          2.8
Xaar                                               2.5





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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