Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Smaller Companies Trust plc 2) Name of shareholder having a major interest The Royal Bank of Scotland 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 As stated in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Not disclosed 5) Number of shares/amount of stock acquired Not disclosed 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed Not disclosed 8) Percentage of issued class N/A 9) Class of security Ordinary Shares of 1p 10) Date of transaction Not disclosed 11) Date company informed 6 March 2003 12) Total holding following this notification The above person no longer has a notifiable interest in the Ordinary Shares of the Company 13) Total percentage holding of issued class following this notification N/A 14) Any additional information The above person no longer has a notifiable interest in the Ordinary Shares of the Company 15) Name of contact and telephone number for queries David Holland - 0131 220 0733 16) Name and signature of authorised company official responsible for making this notification David Holland for Aberforth Partners, Secretaries. Date of notification - 6 March 2003 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/06/20030306BIT00970/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/06/20030306BIT00970/wkr0002.pdf

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