RNS Number:6531O
Britannic Smaller Companies Tst PLC
13 August 2003


                     BRITANNIC SMALLER COMPANIES TRUST PLC

                CONTACT: MARIE ROSS (TEL NO: 0141 - 222 - 8288)

                                 13 AUGUST 2003



Announcement begins


Britannic Smaller Companies Trust PLC announces that it has today received
notification that the total interest held by Schroder Investment Management
Limited on a discretionary basis for clients is 4,879,066 which represents
12.884% of the issued share capital.

This figure includes:

i)          2,513,587 registered in the name of Mineworkers' Pension Scheme
            Nominees Limited A/C R

ii)         2,365,479 registered in the name of British Coal Staff
            Superannuation Scheme Nominees Limited A/C P


Announcement ends







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

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