Holding in Company

Perpetual UK Smaller Co's IT PLC
19 September 2001




Schedule 10 - Notification of Major Interests in Shares


1.  Name of Company

    Perpetual UK Smaller Companies Investment Trust plc

2.  Name of shareholder having a major interest

    AEGON UK 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 of children under the age of 18:

    Notification is in respect of the shareholder named in 2 above

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

    N/A

5.  Number of shares/amount of stock acquired:

    100,000

6.  Percentage of issued class:

    0.71%

7.  Number of shares/amount of stock disposed:

    N/A

8.  Percentage of issued class:

    N/A

9.  Class of security:

    Ordinary shares

10. Date of Transaction:

    18 September 2001

11. Date company informed:

    18 September 2001

12. Total holding following this notification:

    896,129

13. Total percentage holding of issued class following this notification:

    6.39%

14. Contact name for queries:

    Jonathan McGuire

15. Contact telephone number:

    0207 454 3185

16. Name of company official responsible for making notification:

    Jonathan McGuire
    for INVESCO Asset Management Limited, Secretaries

17. Date of notification:

    18 September 2001


Additional Information