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

DAVID PIKE

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

NOTIFICATION IS IN RESPECT OF THE DIRECTOR NAMED IN 2 ABOVE

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

DAVID PIKE

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 10,000 warrants in The Scottish 
Oriental Smaller Companies Trust plc on 31st January 2007

7) Number of shares/amount of stock acquired

10,000

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

0.033%

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

60,000

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

0.20%

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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