Holding(s) in Company

SMALL COMPANIES DIVIDEND TRUST PLC

Blue Chip Value Income Fund Limited notified the Company that as a result of a
sale of 50,000 Ordinary 25p shares on 1 June 2005, they now hold a total of
1,075,000 Ordinary 25p shares in the Company, representing 6.83% of the issued
class of capital.

2 June 2005