Holding(s) in Company

Small Companies Dividend Trust PLC

The Company has been notified by BFS Investments plc that following a total
purchase of 75,000 Ordinary shares on 8 November 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                       308,500      1.96%
                                                                       
BFS Asian Assets Trust Ltd                           125,000      0.79%
                                                                       
BFS UK Dual Return Trust                             286,434      1.82%
                                                                       
BFS US Special Opportunities Trust PLC                47,554      0.30%
                                                                       
Discretionary clients of BFS Investments             307,773      1.95%
plc                                                                    
                                                                       
Total                                              2,108,261     13.39%

9 November 2004