Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES               

1. Identity of the issuer or the underlying issuer of  Invesco Perpetual UK    
existing shares to which voting rights are attached    Smaller Companies       
(ii):                                                  Investment Trust plc    

2. Reason for the notification                               State Yes/No      
                                                                               
An acquisition or disposal of voting rights                      Yes           
                                                                               
An acquisition or disposal of financial instruments                            
which may                                                                      
                                                                               
result in the acquisition of shares already issued to                          
which voting                                                                   
                                                                               
rights are attached                                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Change in issued share capital                         

3. Full name of person(s) subject to the Royal London Asset Management Limited 
notification obligation (iii):                                                 
                                                                               
4. Full name of shareholder(s) (if         Registered Shareholders          Nominal % 
 different from 3.) (iv):                                        
                                           HSBC Global Custody 4,758,341     8.9427                              
                                           Nominees (UK) Ltd                     
                                                                               
5. Date of the transaction (and date on    24th July 2012                        
which the threshold is                                                         
                                                                               
crossed or reached if different) (v):                                          
                                                                               
6. Date on which issuer notified:          2th August 2012                       
                                                                               
7. Threshold(s) that is/are crossed or     8%                                    
reached:                                                                       
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type   Situation previous     Resulting situation after the triggering   
of shares if  to the triggering                transaction (vii)               
possible      transaction (vi)                                                 
using the                                                                      
ISIN CODE                                                                      
                                                                               
             Number of    Number of  Number of  Number of voting     % of voting   
              Shares       Voting    shares         rights            rights      
                           Rights                                                 
                           (viii)                    (ix)                         
                                                                               
                                     Direct    Direct   Indirect  Direct  Indirect
                                                        (x)                     
                                               (x)                              
                                                                               
GB00B1FL3C76 4,983,341   4,983,341  4,758,341  4,758,341          8.9427%          

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of          Expiration       Exercise/     Number of voting  % of voting  
financial       date (xiii)   Conversion Period rights that may      rights    
instrument                       /Date (xiv)     be acquired if                
                                                 the instrument                
                                                 is exercised/                 
                                                   converted                   
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
4,758,341                               8.9427%                                

9. Chain of controlled undertakings through which the voting rights and/or the
financial

instruments are effectively held, if applicable (xv):

See 4 above                                                                    

Proxy Voting:

10. Name of the proxy holder:           N/A                                    
                                                                               
11. Number of voting rights proxy       N/A                                    
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     N/A                                    
cease to hold voting rights:                                                   
                                                                               
13. Additional information:                                                    
                                                                               
14. Contact name:                       Maureen Ruddy                          
                                                                               
15. Contact telephone number:           020 7506 6634