Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES Name of company: Edinburgh Small Companies Trust plc 2) Name of shareholder having a major interest Aberdeen Asset Managers Ltd 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 Aberdeen Asset Managers Ltd and discretionary clients 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 - 5,519,000, BNY Nominees Ltd - 570,000, Globenet Nominees Ltd - 1,390,500 5) Number of shares/amount of stock acquired 170,000 6) Percentage of issued class 0.25% 7) Number of shares/amount of stock disposed, n/a 8) Percentage of issued class n/a 9) Class of security Ordinary 25p shares 10) Date of transaction 18.12.02 11) Date company informed 19.12.02 12) Total holding following this notification 7,480,000 13) Total percentage holding of issued class following this notification 11.10% 14) Any additional information None 15) Name of contact and telephone number for queries 16) Name and signature of authorised company official responsible for making this notification Amanda Fraser Date of notification 19.12.02 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net