Holding(s) in Company

RNS Number:6237S
Exeter Smaller Co's Income Fund Ld
28 November 2003

                                  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

Aberdeen 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 per (2) above


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Aberdeen High Income Trust Plc        4,150,000 (6.47%)

Aberdeen Convertible Income Trust Plc  2,000,000 (3.12%)

Aberdeen Preferred Income Trust Plc    1,275,000 (1.99%)

St Davids Investment Trust Plc        5,000,000 (7.80%)

The European Monthly Income Trust Plc  1,000,000 (1.56%)

Edinburgh Pacific & Income Trust Plc     650,000 (1.01%)



5)   Number of shares/amount of stock acquired



6)   Percentage of issued class



7)   Number of shares/amount of stock disposed

4,150,000


8)   Percentage of issued class

6.47%


9)   Class of security

Ordinary


10)  Date of transaction

25/11/03


11)  Date company informed

28/11/03


12)  Total holding following this notification

9,925,000



13)  Total percentage holding of issued class following this notification

15.48%


14)  Any additional information

No


15)  Name of contact and telephone number for queries

David Le Boutillier: 01481 710607


16)  Date of notification:

28/11/03


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