Holding(s) in Company

Aberdeen Asian Smaller Co's Inv Tst
25 June 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

Advance Developing Markets Trust plc

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

Nortrust Nominees Limited, A/C ADM


5. Number of shares / amount of stock acquired

200,000


6. Percentage of issued class

0.75%

7. Number of shares / amount of stock disposed




8. Percentage of issued class




9. Class of security

Ordinary 25p shares


10. Date of transaction

21 June 2002


11. Date company informed

25 June 2002

12. Total holding following this notification

925,000

13. Total percentage holding of issued class following this notification

3.46%

14. Any additional information



15. Name of contact and telephone number for queries

Ruth Humphrey, 020 7463 6305

16. Name and signature of authorised company official responsible for making
this notification

Aberdeen Asset Management PLC - Secretaries

Date of notification

25 June 2002


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