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Henderson Smllr Cos (HSL)

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Tuesday 03 June, 2003

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
03 June 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
 ROYAL LONDON ASSET 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
 ROYAL LONDON LONG TERM FUND                                          7,083,935
ROYAL LONDON UK EQUITY UNIT TRUST                                       650,000
SCOTTISH LIFE ASSURANCE COMPANY                                       2,231,815
Total                                                                 9,965,750



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
CHASE NOMINEES LIMITED



5. Number of shares / amount of stock acquired
 -



6. Percentage of issued class
 -



7. Number of shares / amount of stock disposed
 2,000,000









8. Percentage of issued class
 1.71%



9. Class of security
 ORDINARY SHARES



10. Date of transaction
 2 MAY 2003



 11. Date company informed
 3 JUNE 2003



12. Total holding following this notification
 9,965,750



13. Total percentage holding of issued class following this notification
 8.52%



14. Any additional information




15. Name of contact and telephone number for queries
 G S 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

SECRETARY TO THE HENDERSON SMALLER COMPANIES

INVESTMENT TRUST PLC



Date of notification
 3 JUNE 2003



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