Holding(s) in Company

Aberdeen Asian Smaller Co's Inv Tst
29 April 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Aberdeen Asian Smaller Companies Investment Trust PLC

2. Name of shareholder having a major interest
Exeter 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 or children under the age of 18


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Exeter Smaller Companies Income Fund - 300,000

Exeter Managed Growth Fund - 700,000

Exeter Pacific Growth Fund - 750,000

5. Number of shares / amount of stock acquired
Exeter Managed Growth Fund - 200,000

6. Percentage of issued class
1.3%

7. Number of shares / amount of stock disposed
N/A

8. Percentage of issued class
N/A

9. Class of security
Ordinary 25p

10. Date of transaction
26/04/02

11. Date company informed
29/04/02

12. Total holding following this notification
Exeter Smaller Companies Income Fund - 300,000

Exeter Managed Growth Fund - 900,000

Exeter Pacific Growth Fund - 750,000

Total - 1,950,000

13. Total percentage holding of issued class following this notification
7.29%

14. Any additional information


15. Name of contact and telephone number for queries
Tom Casey 020 7463 6387

16. Name and signature of authorised company official responsible for making
this notification
Aberdeen Asset Management - Secretaries

Date of notification
29 April 2002



                      This information is provided by RNS
            The company news service from the London Stock Exchange