INVESCO Continental Smaller Companies Trust plc                

HEADLINE: Investment Policy

The Board of INVESCO Continental Smaller Companies Trust plc (the `Company')
notes the publication of the Investment Entities (Listing Rules and Conduct of
Business) Instrument 2003 and announces that it is the Company's policy to
invest no more than 15% of its gross assets in other listed investment
companies (including listed investment trusts).

Contact: Andrew Norman

020 7065 3526

For and on behalf of

INVESCO Asset Management Limited - Secretaries

9 October 2003



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