Holding(s) in Company-Replace

3i Smaller Quoted Co's Trust PLC
15 June 2004


The following replaces the "Holding(s) in Company" announcement released on 11
June 2004 at 15.55 under RNS number 6943Z.  That announcement was incorrect, due
to receipt of inaccurate information, and should be disregarded.  The correct
announcement appears below.




                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
3i Smaller Quoted Companies Trust plc

2. Name of shareholder having a major interest
HSBC Bank plc

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
In respect of 2 above.

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Registered holder                                            Number of shares
HSBC Global Custody Nominee (UK) Ltd                         1,803,500

5. Number of shares / amount of stock acquired
not known

6. Percentage of issued class
not known

7. Number of shares / amount of stock disposed
not known

8. Percentage of issued class
not known

9. Class of security
Ordinary shares of 25p each

10. Date of transaction
not known

11. Date company informed
14 June 2004

12. Total holding following this notification
1,803,500

13. Total percentage holding of issued class following this notification
3.50%

14. Any additional information
None of the above mentioned interests were of a kind described in section 208
(5) of the Companies Act 1985.  HSBC Holdings plc, as HSBC Bank plc's parent
company, was also interested in the above shares by virtue of section 203 of the
Companies Act 1985.  The information provided was at close of business on 10
June 2004.

15. Name of contact and telephone number for queries
Pandora Sharp - 020 7975 3228

16. Name and signature of authorised company official responsible for making
this notification
For and on behalf of 3i plc, Secretaries to 3i Smaller Quoted Companies Trust plc

Date of notification
15 June 2004




                      This information is provided by RNS
            The company news service from the London Stock Exchange