Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

BlackRock Smaller Companies Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: ( )

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are
attached: ( )

An acquisition or disposal of financial instruments with similar economic
effect to qualifying financial instruments: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( x ) Disclosure of revised position following the
sale of Scottish Widows Investment Partnership Limited to Aberdeen Asset
Management PLC on 31 March 2014

(3). Full name of person(s) subject to the notification obligation:

Lloyds Banking Group plc

(4). Full name of shareholder(s) (if different from 3.):

See Section 9

(5). Date of the transaction and date on which the threshold is crossed or
reached:

31 March 2014

(6). Date on which issuer notified:

2 April 2014

(7). Threshold(s) that is/are crossed or reached:

Indirect holdings decreased to below 1%

(8). Notified details:

A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code): Ord 25p Shares/
GB0006436108

Situation previous to the triggering transaction:
Number of Shares: 2,376,286
Number of Voting rights: 2,376,286

Resulting situation after the triggering transaction:
Number of shares:
Direct: n/a - below reportable threshold
Number of voting rights:
Direct: n/a - below reportable threshold
Indirect: n/a - below reportable threshold

% of voting rights:
Direct: n/a - below reportable threshold
Indirect: n/a - below reportable threshold

B. Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument:

Expiration date:

Exercise/Conversion Period/Date:

Number of voting rights that may be acquired if the instrument is exercised/
converted:

% of voting rights:

C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments


Resulting situation after the triggering transaction

Type of financial instrument:

Exercise price:


Expiration date:


Exercise/Conversion period:


Number of voting rights instrument refers to:


% of voting rights

Nominal:

Delta:

Total (A + B+C):

Number of voting rights: n/a - below reportable threshold

% of voting rights: n/a - below reportable threshold


(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:

n/a - below reportable threshold

Proxy Voting:

(10). Name of the proxy holder:

N/A

(11). Number of voting rights proxy holder will cease to hold:

N/A

(12). Date on which proxy holder will cease to hold voting rights:

N/A

(13). Additional information:

Notification using the Total Voting Rights figure of 47,879,792

(14). Contact name:

Sarah Beynsberger
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 1089


2 April 2014