RNS Number:6175W
SMALLER COMPANIES VALUE TRUST PLC
29 May 2002



Smaller Companies Value Trust (the "Company") was advised on 29 May 2002 that
Littledown Nominees Limited has the following interest in the Company's issued
share capital:

1,671,702 Package Units

This holding, representing 8.23% of the Company's issued Income Shares and 8.23%
of the Company's issued Capital Shares, is held on behalf of Royal & Sun
Alliance Life & Pensions Limited.



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