Holding(s) in Company

Aberdeen Asian Smaller Co's Inv Tst
01 September 2003

1 September 2003

Aberdeen Asian Smaller Companies Investment Trust PLC

Notifiable Holding

Aberdeen Asian Smaller Companies Investment Trust PLC ('the Company') has today,
1 September 2003, been informed that, following the sale of the management
contracts of its open-ended funds to New Star, Exeter Asset Management Limited
no longer holds any of the issued capital of the Company.


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