Holding(s) in Company

Scottish Oriental Smlr Co Tst PLC 14 January 2008 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: ( ) 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): ( x ) Increase in market share 3. Full name of person(s) subject to the notification obligation: Sarasin & Partners LLP 4. Full name of shareholder(s) (if different from 3.) : Bank Sarasin & Co Ltd Fortis Banque Luxembourg S.A. 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 4 January 2008 6. Date on which issuer notified: 14 January 2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: 115,000 shares 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 GBP0007836132 ORD 0.25 1,470,000 1,470,000 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 GBP0007836132 ORD 1,585,000 0 1,585,000 0 5.2459% 0.25 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 N/A Total (A+B) Number of voting rights % of voting rights 1,585,000 5.2459% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : 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: Gillian Davies 15. Contact telephone number: +44 (0) 131 473 2224 This information is provided by RNS The company news service from the London Stock Exchange
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