Director/PDMR Shareholding

Scottish Oriental Smlr Co Tst PLC 06 February 2007 The Scottish Oriental Smaller Companies Trust plc (the 'Company') 6th February 2007 Directors' Shareholdings SCHEDULE 11 HEADLINE: NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1) Name of company The Scottish oriental smaller companies trust plc 2) Name of director STANLEY ROWAN 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 or in respect of a non-beneficial interest NOTIFICATION IS IN RESPECT OF THE DIRECTOR NAMED IN 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) STANLEY ROWAN 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) N/A 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Shares allotted following the exercise of 5,000 warrants in The Scottish Oriental Smaller Companies Trust plc on 31st January 2007 7) Number of shares/amount of stock acquired 5,000 8) Percentage of issued class (assuming the offers are fully subscribed) 0.017% 9) Number of shares/amount of stock disposed NONE 10) Percentage of issued class N/A 11) Class of security Ordinary Shares of 25p each 12) Price per share Subscription price of 100p per share 13) Date of transaction 6th February 2007 14) Date company informed 6th February 2007 15) Total holding following this notification 30,000 16) Total percentage holding of issued class following this notification (assuming the offers are fully subscribed) 0.099% If a director has been granted options by the company please complete the following boxes 17) Date of grant N/A 18) Period during which or date on which exercisable N/A 19) Total amount paid (if any) for grant of the option N/A 20) Description of shares or debentures involved: class, number N/A 21) Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise N/A 22) Total number of shares or debentures over which options held following this notification N/A 23) Any additional information 24) Name of contact and telephone number for queries Gillian Davies 0131 473 2200 25) Name and signature of authorised company official responsible for making this notification Gillian Davies For First State Investment Management (UK) Limited Date of Notification 6th February 2007 END This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings