Holding(s) in Company

Schroder UK Mid & Small Cap Fd PLC
13 June 2003



13 June 2003



                    Substantial Share Interest Notification


We are writing to advise you that the Company was notified on 12 June 2003, that
Laxey Partners Limited has an interest in 3,495,000 ordinary shares in the
Company, representing 12.89% of the shares in issue.





Enquiries:

John Spedding

Schroder Investment Management Limited

Tel: [phone]


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