ADSC Allianz Dres.Sm

RNS Number:1964X
Allianz Dresdner Smlr Co's I.T PLC
31 March 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Allianz Dresdner Smaller Companies Investment Trust plc

2) Name of shareholder having a major interest

Philip J Milton & Company plc discretionary clients

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:

In respect of the management by the shareholder referred to at 2 above.

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

-

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
-
9) Class of security

Ordinary 25p Shares

10) Date of transaction

Not disclosed

11) Date company informed

31 March 2004


12) Total holding following this notification

766,602

13) Total percentage holding of issued class following this notification

7.24%

14) Contact name for queries:

Kirsten Salt

15) Name of Contact and telephone number:

020 7065 1513

16) Name of company official responsible for making this notification

Kirsten Salt



Date of notification 31 March 2004






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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