Holding(s) in Company

Perpetual UK Smaller Co's IT PLC
8 February 2002

Headline:                    Holding in Company

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

           Exeter Asset Management Limited on behalf of:

            Exeter Selective Assets Investment Trust          135,000

            Exeter Smaller Companies Income Fund              125,000

            Exeter Managed Growth Fund                        150,000

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:

            N/A

6.          Percentage of issued class:

            N/A

7.          Number of shares/amount of stock disposed:

            100,000

8.          Percentage of issued class:

            0.71%


9.         Class of security:

           Ordinary shares

10.       Date of Transaction:

            7 February 2002

11.       Date company informed:

            8 February 2002

12.       Total holding following this notification:

410,000

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

2.93%

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:

          8 February 2002


Additional Information



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