Holding(s) in Company

Shires Smaller Companies PLC
03 February 2006


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company: Shires Smaller Companies

2) Name of shareholder having a major interest: Prudential 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: as above

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

The Prudential Assurance Company Limited 1,000,000


5) Number of shares/amount of stock acquired: NOT DISCLOSED

6) Percentage of issued class: NOT DISCLOSED

7) Number of shares/amount of stock disposed

8) Percentage of issued class

9) Class of security: Ordinary 50p shares

10) Date of transaction: NOT DISCLOSED

11) Date company informed: 1 February 2006

12) Total holding following this notification: 1,000,000

13) Total percentage holding of issued class following this notification: 4.52%

14) Any additional information

15) Name of contact and telephone number for queries: Sonia Paterson - 0141 572
2700

16) Name and signature of authorised company official responsible for
making this notification: Graeme McDonald


Date of notification: 3 February 2006







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