Holding in Company

3i Smaller Quoted Co's Trust PLC
4 May 2000

Letter to 3i Smaller Quoted Companies Trust plc - dated 3 May 2000

Companies Act 1985
Disclosures of Interest in Voting Shares

In compliance with Part VI of the above Act, as amended, I inform you that, as a
result of recent sales, the notifiable interest of Prudential plc, in the
following class of voting share in your company, is now as specified below.

Letter from Tom Dowler, Prudential plc


                                 NOTIFIABLES
                                Position Report

SEDOL  :  0643610   Client Fund Reporting Group  :  PPMB

                     Shares in Issue    Registered Holder     Current  Holding  
                                                             Holding        %
3I SMLR QUOTED COS         
0643610 ORD GBP0.25       57,918,523    PRU CLNT (MSS) NOM                    
                                         LTD PAC A/C         1,250,492
                                        PRU CLT (MSS) NOM
                                         LTD PPL A/C         1,508,931
                          57,918,523                         2,759,423     4.76