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Henderson Smllr Cos (HSL)

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Monday 16 December, 2002

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
16 December 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
LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED

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


HSBC Global Custody Nominee (UK) Ltd A/c 775245 1,207,322

HSBC Global Custody Nominee (UK) Ltd A/c 360509 157,400

HSBC Global Custody Nominee (UK) Ltd A/c 357206 3,117,958

HSBC Global Custody Nominee (UK) Ltd A/c 747381 249,000

HSBC Global Custody Nominee (UK) Ltd A/c 866203 165,000

________

4,896,680

========

5. Number of shares / amount of stock acquired
25,000

6. Percentage of issued class
INSIGNIFICANT

7. Number of shares / amount of stock disposed
-

8. Percentage of issued class
-

9. Class of security
ORDINARY 25p SHARES

10. Date of transaction
11 DECEMBER 2002

11. Date company informed
16 DECEMBER 2002

12. Total holding following this notification
4,986,680

13. Total percentage holding of issued class following this notification
4.01%

14. Any additional information
THE ANNOUNCEMENT RESULTS FROM A TRANSFER INTO MANAGEMENT OF 25,000 SHARES. THE HOLDINGS ARE NOT SUBJECT TO
A CONCERT PARTY.

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
16 DECEMBER 2002


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