Holding(s) in Company

Small Companies Dividend Trust PLC

The Company has been notified by BFS Investments plc that following the
purchase of 125,000 Ordinary shares on 5 April 2004 the breakdown of the total
holding on behalf of their discretionary clients is as follows:

.

                                             Ordinary shares           
                                                                       
BFS Income & Growth Trust                          1,033,000      6.56%
                                                                       
BFS Equity Income & Bond Trust                       333,500      2.12%
                                                                       
BFS Asian Assets Trust Ltd                           125,000      0.79%
                                                                       
BFS UK Dual Return Trust                             286,434      1.82%
                                                                       
Discretionary clients of BFS Investments             276,938      1.76%
plc                                                                    
                                                                       
Total                                              2,054,872     13.05%

08 April 2004