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Henderson Smllr Cos (HSL)

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Monday 01 July, 2002

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
1 July 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC

2) Name of shareholder having a major interest

THE STANDARD LIFE INVESTMENTS GROUP

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

AS 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

NOT SPECIFIED

5) Number of shares/amount of stock acquired

-


6) Percentage of issued class

-

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

ORDINARY 25P SHARES

10) Date of transaction

NOT SPECIFIED

11) Date company informed

1 JULY 2002

12) Total holding following this notification

8,284,434

13) Total percentage holding of issued class following this notification

6.16%

14) Any additional information


15) Name of contact and telephone number for queries

GEOFFREY RICE 020 7818 4469

16) Name and signature of authorised company official responsible for
making this notification

G S RICE

FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED
Date of notification 1 JULY 2002



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