Notifiable Holding

Aberdeen Asian Smaller Co's Inv Tst
3 August 2001


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:
Aberdeen Far East Emerging Economies Unit Trust

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


5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
300,000

8   Percentage of issued class:
1.12%

9   Class of security:
Ordinary 25p shares

10  Date of transaction:
31 July 2001

11  Date company informed:
3 August 2001

12  Total holding following this notification:
2,623,500

13  Total percentage holding of issued class following this notification:
9.81%

14  Contact name for queries:
Ruth Humphrey

15 Contact telephone number:
020 7463 6305

16  Name of company official responsible for making notification:
Aberdeen Asset Management PLC - Secretaries

17  Date of notification:
3 August 2001


Additional Information: