Holding(s) in Company

NOTIFICATION OF MAJOR INTERESTS IN SHARES
1.Identity of the issuer or the   Aberforth Smaller Companies
underlying issuer of existing     Trust plc
shares to which voting rights are
attached:
2. Reason for the notification:   First notification under DTR
                                  sourcebook
An acquisition or disposal of     N/A
voting rights
An acquisition or disposal of     N/A
financial instruments which may
result in the acquisition of
shares already issued to which
voting rights are attached
An event changing the breakdown   N/A
of voting rights
Other (please specify):           N/A

3. Full name of person(s) subject Legal & General Group Plc (L&G)
to the notification obligation    Legal & General Assurance
                                  (Pensions Management) Limited (PMC)
4. Full name of shareholder(s)    N/A
(if different from 3.):
5. Date of the transaction (and   N/A
date on which the threshold is
crossed or reached if different):
6. Date on which issuer notified: 31 January 2007
7. Threshold(s) that is/are       Above 3% (both L&G and PMC)
crossed or reached:
8. Notified details:              N/A
A: Voting rights attached to shares
Class/type  Situation               Resulting situation after the
of          previous to the         triggering transaction
shares      Triggering
            transaction
if possible
using the
ISIN CODE
             Number    Number     Number     Number of            % of voting
             of        of         of         voting               rights
             Shares    Voting     Shares     rights
                       Rights
                                  Direct     Direct   Indirect    Direct  Indirect
Ordinary     3,269,177 3,269,177  3,826,171  3,826,171            3.87%
1p Shares    under S198
GB000006655  of CA 1985
55


B: Financial Instruments
Resulting situation after the triggering transaction
Type of   Expiration  Exercise/   Number of voting       % of voting
financial date        Conversion  rights that may be     rights
instrument            Period/     acquired if the
                      Date        instrument is
                                  exercised/ converted.
N/A       N/A         N/A         N/A                    N/A

Total (A+B)
Number of voting rights      % of voting rights
3,826,171                    3.87%

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

Legal & General Group Plc (Direct and Indirect) (Group)

Legal & General Investment Management (Holdings) Limited (LGIMH)
(Direct and Indirect)

Legal & General Investment Management Limited (Indirect) (LGIM)

Legal & General Group Plc (Direct) (L&G) (3,826,171- 3.87% = LGAS,
                           LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct)
(LGIMHD) (3,338,219 3.37% = PMC)

Legal & General Insurance Holdings Limited (Direct)

Legal & General Assurance (Pensions Management) Limited  (PMC)
(3,338,219-3.37%)

Legal & General Assurance Society Limited  (LGAS & LGPL)

Legal & General Pensions Limited (Direct)  (LGPL)

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:            N/A
14. Contact name:                      David Holland, Aberforth Partners LLP, Secretaries
15. Contact telephone number           0131-220-0733