Holding(s) in Company

Scottish Oriental Smlr Co Tst PLC
27 August 2007


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


A form TR-1 containing the following information has been received by the
Company.


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

The Scottish Oriental Smaller Companies Trust plc


2. Reason for the notification (please place an X inside the appropriate bracket
/s):


An acquisition or disposal of voting rights: (X )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( )


Other (please specify): ( )

.................


3. Full name of person(s) subject to the notification obligation:

Lloyds TSB Group Plc


4. Full name of shareholder(s) (if different from 3.) :

Boltro Nominees Limited

State Street Nominees Limited


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

23rd August 2007


6. Date on which issuer notified:

24th August 2007


7. Threshold(s) that is/are crossed or reached:

Fell below 8%


8. Notified details:



A: Voting rights attached to shares

Class/type of shares if possible using     Situation previous to the Triggering
the ISIN CODE                                          transaction
                                          Number of       Number of voting
                                          shares          Rights
0783613 ORD GBP0.25
                                              2,419,419              2,419,419


Resulting situation after the triggering transaction

Class/type of shares if         Number of    Number of voting    % of voting
possible using the ISIN CODE    shares       rights              rights

                                Direct       Direct Indirect     Direct Indirect
0783613 ORD
GBP0.25                          2,411,028      0    2,411,028      0     7.98%



B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   Date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights





Total (A+B)
Number of voting rights                      % of voting rights

          2,411,028                               7.980%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :


8,130 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of
Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group Plc.


2,402,898 Shares are held by State Street Nominees Ltd. Shares are under the
control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary
of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary
of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc,
a wholly owned subsidiary of Lloyds TSB Group Plc.


Proxy Voting:


10. Name of the proxy holder:

........


11. Number of voting rights proxy holder will cease to hold:

..............


12. Date on which proxy holder will cease to hold voting rights:

..............


13. Additional information:

.................


14. Contact name:

Bridgette Roche


15. Contact telephone number:

[phone]



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