Holding(s) in Company

SCHEDULE 10                                  

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of company

BlackRock Smaller Companies Trust plc

2) Name of shareholder having a major interest

Nutraco Nominees 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

Non-beneficial

4) Name of the registered holder(s) and, if more than one holder, the number

of shares held by each of them

Nutraco Nominees Limited

5) Number of shares/amount of stock acquired

Not notified

6) Percentage of issued class

Not notified

7) Number of shares/amount of stock disposed

Not notified

8) Percentage of issued class

Not notified

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

n/a

11) Date company became aware of holding

n/a

12) Total holding following this notification

120,402

13) Total percentage holding of issued class following this notification

0.24%

14) Any additional information

BlackRock Smaller Companies Trust plc announces that BlackRock Investment
Management (UK) Limited has a notifiable interest in 120,402 ordinary shares,
being 0.24% of the issued share capital of the Company (excluding treasury shares). 
These shares are held on behalf of participants in the BlackRock Investment Trust 
savings products. BlackRock Investment Management (UK) Limited has a notifiable 
interest in these shares because, in certain circumstances and subject to certain 
limitations agreed with the Takeover Panel to ensure compliance with the Takeover
Code, with effect from 14 March 2007 BlackRock is entitled to exercise the voting 
rights attached to these shares if the relevant plan participants do not do so.

15) Name of contact and telephone number for queries

Barbara Powley
Tel: [phone]

16) Name and signature of authorised company official responsible for making
this notification

Barbara Powley
Company Secretary
BlackRock Investment Management (UK) Limited

Date of notification:

5 January 2009