RNS Number:7517O
Britannic Smaller Companies Tst PLC
15 August 2003


                     BRITANNIC SMALLER COMPANIES TRUST PLC

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

                                 15 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 5,189,866 shares which
represents 13.705% of the issued share capital.

This figure includes:

i)   2,668,987 registered in the name of Mineworkers' Pension Scheme
     Nominees Limited A/C R

ii)  2,520,879 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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