RNS Number:7209R
Britannic Smaller Companies Tst PLC
05 November 2003



                     BRITANNIC SMALLER COMPANIES TRUST PLC

                                5 November 2003



Announcement begins


Britannic Smaller Companies Trust PLC announces that on 4 November 2003 it
purchased 130,000 Ordinary Shares of 25p for cancellation at a price of 137p per
Ordinary Share.

Following this purchase for cancellation the number of Ordinary Shares of 25p in
issue is 37,738,461.


Announcement ends







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

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