Holding(s) in Company

3i Smaller Quoted Co's Trust PLC
22 August 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

3i Smaller Quoted Companies Trust plc

2. Name of shareholder having a major interest

Deutsche Bank AG

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

Deutsche Bank AG and its subsidiary companies

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

Registered holder                                            Number of shares

Deutsche Bank AG London                                      3,393,500

5. Number of shares / amount of stock acquired

not known

6. Percentage of issued class

not known

7. Number of shares / amount of stock disposed

not known

8. Percentage of issued class

not known

9. Class of security

Ordinary shares of 25p each

10. Date of transaction

not known

 11. Date company informed

19 August 2002

12. Total holding following this notification

3,393,500

13. Total percentage holding of issued class following this notification

5.90%

14. Any additional information

 1. Part of this holding may relate to hedging arrangements, for the transactions of customers' of Deutsche
    Bank AG.

 2. Due to an administrative oversight although this notification was received on 19 August 2002 it was not
    processed until 22 August 2002.


15. Name of contact and telephone number for queries

Pandora Sharp - 020 7975 3228

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

For and on behalf of 3i plc, Secretaries to 3i Smaller Quoted Companies Trust plc

Date of notification

22 August 2002


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