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Henderson Smllr Cos (HSL)

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Monday 19 May, 2003

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
19 May 2003



                                  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
ADVANCE UK TRUST PLC

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
NORTRUST NOMINEES LIMITED A/C AUKT

5. Number of shares / amount of stock acquired
-

6. Percentage of issued class
-

7. Number of shares / amount of stock disposed
550,000

8. Percentage of issued class
0.47%

9. Class of security
ORDINARY 25p SHARES

10. Date of transaction
16 MAY 2003

11. Date company informed
19 MAY 2003

12. Total holding following this notification
2,992,500

13. Total percentage holding of issued class following this notification
2.56%

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
19 MAY 2003


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