Director Declaration

Montanaro European Smaller C.TstPLC
16 April 2008


To:       RNS

From:     Montanaro European Smaller Companies Trust plc

Date:     16 April 2008



Montanaro European Smaller Companies Trust plc ('the Company') announces that Mr
Richard Martin, who is a non-executive Director of the Company, has been
appointed as a non-executive director of F&C Managed Portfolio Trust plc, which
was admitted to the Official List of the UK Listing Authority on 16 April 2008.


This disclosure is made pursuant to paragraph 9.6.14R of the Listing Rules.



G R Hay Smith
F&C Investment Business Ltd
Company Secretaries


Enquiries: 0207 628 8000



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