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Henderson Smllr Cos (HSL)

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Tuesday 17 September, 2002

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
17 September 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

BRITISH STEEL PENSION FUND


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

3,750,000


8. Percentage of issued class

2.97% OF ISSUED SHARE CAPITAL AS AT 17 SEPTEMBER 2002


9. Class of security

ORDINARY 25p SHARES


10. Date of transaction

UNSPECIFIED


11. Date company informed

17 SEPTEMBER 2002


12. Total holding following this notification

3,111,000


13. Total percentage holding of issued class following this notification

2.46%


14. Any additional information

NOTIFICATION RECEIVED FROM B.S. PENSION FUND TRUSTEE LIMITED


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

17 SEPTEMBER 2002



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