Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES Name of company: Dunedin Smaller Companies Investment Trust plc 2) Name of shareholder having a major interest AEGON UK plc Group of Companies 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 - 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Chase Nominees Ltd - 882,677 5) Number of shares/amount of stock acquired n/a 6) Percentage of issued class n/a% 7) Number of shares/amount of stock disposed 62,493 8) Percentage of issued class 0.38% 9) Class of security Ordinary 25p shares 10) Date of transaction Not disclosed 11) Date company informed 26 November 2002 12) Total holding following this notification 797,132 13) Total percentage holding of issued class following this notification 4.82% 14) Any additional information None 15) Name of contact and telephone number for queries Amanda Fraser (Tel 0131-313-6472) 16) Name of authorised company official responsible for making this notification Amanda Fraser ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/27/20021127BIT00680/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/27/20021127BIT00680/wkr0002.pdf