RNS No 8607t
KLEINWORT SMALLER COMPANIES INVESTMENT TRUST PLC
18th August 1997

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
KLEINWORT SMALLER CO INV TST

2   Name of shareholder having a major interest:
DRESDNER BANK AG AND KLEINWORT BENSON 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:
NON-BENEFICIAL (INTEREST ARISES FROM INVESTMENT MANAGEMENT SERVICES TO
DISCRETIONARY CLIENTS)

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
FRANK NOMINEES LIMITED

5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
13,500

8   Percentage of issued class:
0.10%

9   Class of security:
ORDINARY 25P SHARES

10  Date of transaction:
15TH AUGUST 1997

11  Date company informed:
18TH AUGUST 1997

12  Total holding following this notification:
4,610,656

13  Total percentage holding of issued class following this notification:
34.92%

14  Contact name for queries:
MRS A MORRISON

15 Contact telephone number:
0171 956 8267

16  Name of company official responsible for making notification:
MRS A MORRISON

17  Date of notification:
18TH AUGUST 1997


Additional Information:
THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT HOLDINGS LIMITED IS
4,610,656 SHARES (34.92%).

THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT LIMITED IS 4,327,656
SHARES (32.78%).



END


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