Holding(s) in Company

Scottish Oriental Smlr Co Tst PLC
27 July 2007


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

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:
Rensburg Sheppards Investment Management Limited

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

5. Date of the transaction (and date on which the threshold is crossed or
reached if different):
20th July 2007

6. Date on which issuer notified:
26th July 2007

7. Threshold(s) that is/are crossed or reached:
6%

8. Notified details:
Nominee Holdings

A: Voting rights attached to shares

Class/type of shares if       Situation previous to the Triggering transaction
possible using the ISIN
CODE
GB00077836132                 Number of shares      Number of voting Rights
                                        1,769,545                    1,769,545

Resulting situation after the triggering transaction

Class/type of shares if possible  Number of   Number of voting   % of voting
using the ISIN CODE               shares      rights             rights
GB00077836132                     Direct      Direct Indirect    Direct Indirect
                                              0      1,895,060   0      6.27%

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/       exercised/ converted.              rights
                        Date

Total (A+B)
Number of voting rights                      % of voting rights
                                 1,895,060                                6.27%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :
Client holdings registered in the name of nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited.

Proxy Voting:

10. Name of the proxy holder:
N/A........

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

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

13. Additional information:
.................

14. Contact name:
Bridgette Roche

15. Contact telephone number:
[phone]



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