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                                                 
                                                                               
An acquisition or disposal of voting rights                       X            
                                                                               
An acquisition or disposal of financial instruments                            
which may result in the acquisiiton 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 notification  Sarasin & Partners LLP  
obligation (iii):                                                              
                                                                               
4. Full name of shareholder(s) (if different from 3.)  The Bank of New York    
(iv):                                                  Mellon (Brussels        
                                                       (Pooled))               
                                                                               
5. Date of the transaction (and date on which the      25 February 2014        
threshold is crossed or reached if different) (v):                             
                                                                               
6. Date on which issuer notified:                      26 February 2014        
                                                                               
7. Threshold(s) that is/are crossed or reached:        5%                      
                                                                               
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                    (ix)                         
                        (viii)                                                 
                                                                               
                                  Direct    Direct  Indirect   Direct  Indirect
                                             (x)       (x)                     
                                                                               
GB00B1FL3C76 2,683,332 2,683,332 2,651,082          2,651,082          4.9824% 


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                   
                                                                               
None                                                                           


Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
2,651,082                               4.9824%                                


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):




Proxy Voting:

10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy                                              
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will                                            
cease to hold voting rights:                                                   
                                                                               
13. Additional information:                                                    
                                                                               
14. Contact name:                       Paul Griggs                            
                                                                               
15. Contact telephone number:           0207 065 4000