XPF Xp Factory Plc

RNS Number:5467L
Exeter Smaller Co's Income Fund Ld
12 October 2001



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Exeter Smaller Companies Income Fund Limited

2   Name of shareholder having a major interest:
BC Asset Management

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:
As Above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Bank of New York Nominees - 2,000,000
US Growth & Income - 1,800,200
Yeoman Investment Trust plc - 2,750,000

5   Number of shares/amount of stock acquired:
1,800,200

6   Percentage of issued class:
2.81%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary shares of 10p

10  Date of transaction:
11/10/2001

11  Date company informed:
12/10/2001

12  Total holding following this notification:
6,550,200

13  Total percentage holding of issued class following this notification:
10.21%

14  Contact name for queries:
Graham Taylor

15 Contact telephone number:
01481 710607

16  Name of company official responsible for making notification:
Graham Taylor

17  Date of notification:
12/10/01





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