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Henderson Smllr Cos (HSL)

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Tuesday 11 May, 2004

Henderson Smllr Cos

Holding(s) in Company

Henderson Smaller Cos Inv Tst PLC
11 May 2004



                                  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
SCHRODER 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 AS A DISCRETIONARY PORTFOLIO MANAGER

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
NOT STATED

5. Number of shares / amount of stock acquired
-

6. Percentage of issued class
-

7. Number of shares / amount of stock disposed
NOT STATED

8. Percentage of issued class
NOT STATED

9. Class of security
ORDINARY 25p SHARES

10. Date of transaction
NOT STATED

11. Date company informed
11 MAY 2004

12. Total holding following this notification
NOT STATED

13. Total percentage holding of issued class following this notification
NOT STATED BUT BELOW 10%

14. Any additional information
SCHRODER INVESTMENT MANAGEMENT LIMITED CONTINUES TO HAVE AN INTEREST IN THE
SHARES BUT THAT INTEREST IS NOW BELOW THE 10% LEVEL AT WHICH IT IS NOTIFIABLE.

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
11 MAY 2004


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