Kleinwort Smaller - Holdings in Company

RNS No 832c
KLEINWORT SMALLER CO'S INV TRUST
23rd January 1998



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
KLEINWORT SMALLER CO INV TST

2   Name of shareholder having a major interest:
DRESDNER BANK AG AND KLEINWORT BENSON GROUP PLC

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:
Non-beneficial (interest arises from Investment Management Services to
Discretionary Clients)

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
FRANK NOMINEES LIMITED A/C CT

5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
478,000

8   Percentage of issued class:
3.62%

9   Class of security:
ORDINARY 25P SHARES

10  Date of transaction:
22ND JANUARY 1998

11  Date company informed:
23RD JANUARY 1998

12  Total holding following this notification:
3,197,833

13  Total percentage holding of issued class following this notification:
24.22%

14  Contact name for queries:
Mrs A Morrison

15 Contact telephone number:
0171 956 8267

16  Name of company official responsible for making notification:
Mrs A Morrison

17  Date of notification:
23rd January 1998





Additional Information:
THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT HOLDINGS LIMITED IS
3,197,833 SHARES (24.22%).

THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT LIMITED IS 2,932,833
SHARES (22.21%)



END

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