Holding(s) in Company

Scottish Oriental Smlr Co Tst PLC
26 August 2005



Notification of acquisition of Major Interests in Shares

1 Name of company:

The Scottish Oriental Smaller Companies Trust PLC ('Company')

2 Name of shareholder having a major interest:

The Company has been notified that Credit Suisse First Boston ('CSFB')is
interested in those shares held by the party  named under question 4 below.

3 Please state whether the notification indicates that it is in respect of the
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:

The Company has been notified that CSFB's interest in the Company's shares is
through the party named under question 4  below.

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

Credit Suisse First Boston (Europe) Limited ('CSFBEL')- 843,586 shares. CSFBEL
is interested in these shares under  section 208(5) of the Companies Act 1985 by
virtue of the right to redelivery of equivalent securities under stock  lending
arrangements.
5 Number of shares/amount of stock acquired:

N/A

6 Percentage of issued class:

N/A

7 Number of shares/amount of stock disposed:

N/A

8 Percentage of issued class:

N/A

9 Class of security:

Ordinary shares of 25p each in the capital of the Company

10 Date of transaction:

N/A

11 Date company informed:

25th August 2005

12 Total holding following this notification:

CSFB is now interested by virtue of those holdings set out under question 4 
above in a total of 843,586 shares.

13 Total percentage holding of issued class following this notification:

3.31%

14 Contact name for queries:

Gillian Davies of First State Investment Management (UK) Limited

15 Contact telephone number:

0131 473 2224

16 Name of company official responsible for making notification:

Gillian Davies

17 Date of notification:

26th August 2005



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