Holding(s) in Company

Headline: Holding in Company

            Schedule 10 - Notification of Major Interests in Shares            

1. Name of Company

INVESCO Perpetual UK Smaller Companies Investment Trust plc

2. Name of shareholder having a major interest

AEGON UK plc Group of Companies

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 of children under the age of 18:

AEGON UK plc Group of Companies

4. Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:

Chase Nominees Limited

5. Number of shares/amount of stock acquired:

N/A

6. Percentage of issued class:

N/A

7. Number of shares/amount of stock disposed:

210,609

8. Percentage of issued class:

1.51%

9. Class of security:

Ordinary shares

10. Date of Transaction:

N/A

11. Date company informed:

3 August 2004

12. Total holding following this notification:

346,758

13. Total percentage holding of issued class following this notification:

2.49% - no longer notifiable interest

14. Contact name for queries:

Kerstin Rucht

15. Contact telephone number:

020 7065 4517

16. Name of company official responsible for making notification:

Kerstin Rucht

for INVESCO Asset Management Limited, Secretaries

17. Date of notification:

3 August 2004

Additional Information

'The AEGON UK plc Group of Companies' means Scottish Equitable plc, Scottish
Equitable (Managed Funds) Limited, AEGON Fund Management UK Ltd, AEGON
Investment Management UK Ltd, AEGON Asset Management UK plc, Scottish Equitable
Trustees Limited, Guardian Assurance plc, Guardian Linked Life Assurance
Limited, Guardian Pensions Management Limited and Guardian Unit Managers
Limited, all having a place of business at Edinburgh Park, Edinburgh EH12 9SE.