GSM Gart.Sml.Co

 
TIDMGSM 
 
GARTMORE SMALLER COMPANIES TRUST P.L.C. 
                                (THE "COMPANY") 
 
                                26 JANUARY 2009 
 
RESULT OF FIRST EXTRAORDINARY GENERAL MEETING, RESULT OF SHAREHOLDER ELECTIONS, 
                      RECLASSIFICATION OF ORDINARY SHARES 
                                      AND 
                       SUSPENSION OF RECLASSIFIED SHARES 
 
Result of First EGM 
 
Further to the announcement made on 23 December 2008 regarding proposals for 
the reconstruction and winding up of the Company, the Directors are pleased to 
announce that at the First Extraordinary General Meeting held earlier today the 
special resolution and the ordinary resolution relating to the Proposals were 
passed. Copies of those resolutions have been submitted to the UK Listing 
Authority and will shortly be available for inspection at the UK Listing 
Authority's Document Viewing Facility, which is situated at: 
 
Financial Services Authority 
25 The North Colonnade 
Canary Wharf 
London E14 5HS 
 
Tel: 020 7066 1000 
 
Result of Elections under the Scheme: 
 
The result of Elections under the Scheme is as follows: 
 
  * Elections for Continuation Shares were made in respect of 9,433,209 
    Gartmore Smaller Shares; 
 
  * Elections for the Cash Option were made in respect of 1,111,791 Gartmore 
    Smaller Shares; and 
 
  * Elections for the In Specie Distribution Option were made in respect of 
    3,310,000 Gartmore Smaller Shares. 
 
Elections under the Scheme for the Cash Option and the In Specie Distribution 
Option will be satisfied in full. 
 
Reclassification of Ordinary Shares 
 
As a result of the Elections referred to above, 9,433,209 Gartmore Smaller 
Shares will be reclassified as Gartmore Smaller Shares with 'Share' rights, 
1,111,791 Gartmore Smaller Shares will be reclassified as Gartmore Smaller 
Shares with 'Cash' rights and 3,310,000 Gartmore Smaller Shares will be 
reclassified as Gartmore Smaller Shares with 'In Specie Distribution' rights. 
 
Application has been made to the UK Listing Authority and the London Stock 
Exchange for the listing in respect of the Gartmore Smaller Shares to be 
amended to reflect the reclassification of the Gartmore Smaller Shares as 
Reclassified Shares. It is expected that such amendment will become effective 
and dealings in the Reclassified Shares will commence with effect from 8.00 
a.m. on 2 February 2009. 
 
Suspension of Reclassified Shares 
 
It is expected that the listing of the Reclassified Shares will be suspended at 
7.30 a.m. on 3 February 2009. 
 
General 
 
The Proposals remain conditional on the passing of the special resolution for 
the winding up of the Company, which will be proposed at the extraordinary 
general meeting of the Company convened for 3 February 2009. The Proposals will 
not become effective unless that resolution is passed. 
 
Enquiries 
 
Robin Archibald/Jane Lewis 
Winterflood Investment Trusts 
020 3100 0290/0295 
 
Notes 
 
Words and expressions defined in the circular issued by the Company dated 23 
December 2008 have the same meanings when used in this announcement unless the 
context requires otherwise. 
 
Winterflood Investment Trusts, which is authorised and regulated in the United 
Kingdom by the Financial Services Authority, is acting for the Company and for 
no-one else in connection with the Proposals and will not be responsible to 
anyone other than the Company for providing the protections afforded to 
customers of Winterflood Investment Trusts or for providing advice in relation 
to the Proposals. 
 
 
 
END 
 

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