Director/PDMR Shareholding

Scottish Oriental Smlr Co Tst PLC
06 February 2007


The Scottish Oriental Smaller Companies Trust plc (the 'Company')

6th February 2007


Directors' Shareholdings

SCHEDULE 11

HEADLINE: NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

THE SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC


2) Name of director

JAMES GORDON DICKSON FERGUSON

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 or in respect of a non-beneficial interest

(i) NOTIFICATION IS IN RESPECT OF THE DIRECTOR NAMED IN 2 ABOVE FOR 20,000 SHARES:

(ii) NOTIFICATION IS IN RESPECT OF THE DIRECTOR NAMED IN 2 ABOVE FOR A NON-BENEFICIAL INTEREST OF 22,290 SHARES

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

JAMES GORDON DICKSON FERGUSON

5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify 
the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and 
if discretionary/non discretionary

Shares allotted following the exercise of 42,290 warrants in The Scottish Oriental Smaller Companies Trust plc on 31st 
January 2007

7) Number of shares/amount of stock acquired

42,290

8) Percentage of issued class (assuming the offers are fully subscribed)

0.14%

9) Number of shares/amount of stock disposed

NONE

10) Percentage of issued class

N/A

11) Class of security

Ordinary Shares of 25p each

12) Price per share

Subscription price of 100p per share

13) Date of transaction

6th  February 2007

14) Date company informed

6th February 2007

15) Total holding following this notification

292,290

16) Total percentage holding of issued class following this notification (assuming the offers are fully subscribed)

0.97%

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

N/A

18) Period during which or date on which exercisable

N/A

19) Total amount paid (if any) for grant of the option

N/A

20) Description of shares or debentures involved: class, number

N/A

21) Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

N/A

22) Total number of shares or debentures over which options held following this notification

N/A

23) Any additional information

24) Name of contact and telephone number for queries

Gillian Davies

0131 473 2200

25) Name and signature of authorised company official responsible for making this notification

Gillian Davies

For First State Investment Management (UK) Limited

Date of Notification

6th February 2007

END



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