Notifiable Interest

Scottish Oriental Smlr Co Tst PLC
14 March 2007


     The Scottish Oriental Smaller Companies Trust plc ('the Company')
                              Notifiable Interest


A form TR-1 containing the following information has been received by the
Company.


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

The Scottish Oriental Smaller Companies Trust plc..


2. Reason for the notification (please place an X inside the appropriate bracket
/s):


An acquisition or disposal of voting rights: ( )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( )


Other (please specify) : Initial Dislosure ( X)

.................


3. Full name of person(s) subject to the notification obligation:

Rensburg Sheppards Investment Management Limited..


4. Full name of shareholder(s) (if different from 3.) :

N/A.....


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

28th February 2007.....


6. Date on which issuer notified:

8th March 2007..


7. Threshold(s) that is/are crossed or reached:

5%..


8. Notified details:

Nominee Holdings.....


A: Voting rights attached to shares

Class/type of shares if possible using     Situation previous to the Triggering
the ISIN CODE                                          transaction
                                          Number of       Number of voting
                                          shares          Rights



Resulting situation after the triggering transaction
Class/type of shares if possible  Number of  Number of voting    % of voting
using the ISIN CODE               shares     rights              rights

                                  Direct     Direct Indirect     Direct Indirect

Ordinary Shares                                      1,769,545            5.86%
GB0007836132


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   Date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights





Total (A+B)
Number of voting rights                      % of voting rights

   1,769,545                                      5.86%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :

Client holdings registered in the name of Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited


Proxy Voting:


10. Name of the proxy holder:

N/A........


11. Number of voting rights proxy holder will cease to hold:

N/A........


12. Date on which proxy holder will cease to hold voting rights:

N/A...........


13. Additional information:

N/A...........


14. Contact name:

N/A........


15. Contact telephone number:

N/A........



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