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

Royal London Asset Management Limited

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:

Royal London Asset Management on behalf of:

- SL UK Equity Trust                     125,000 shares
                                                       
- Royal London UK Small Cap              599,938 shares
                                                       
- SLAC Main Fund (UK Small Cap)           36,062 shares
                                                       
- RL UK Equity Unit Trust                210,609 shares
                                                       
- RL Group Pen UK 250 Active              78,469 shares
                                                       
- TOTAL                                1,050,078 shares

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

Chase Nominees Ltd

5. Number of shares/amount of stock acquired:

78,469

6. Percentage of issued class:

0.56%

7. Number of shares/amount of stock disposed:

N/A

8. Percentage of issued class:

N/A

9. Class of security:

Ordinary shares

10. Date of Transaction:

Not advised

11. Date company informed:

7 March 2005

12. Total holding following this notification:

1,050,078

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

7.54%

14. Contact name for queries:

Kelly Chandler

15. Contact telephone number:

020 7065 4647

16. Name of company official responsible for making notification:

Kelly Chandler

for INVESCO Asset Management Limited, Secretaries

17. Date of notification:

7 March 2005