RNS No 7072h
KLEINWORT SMALLER COMPANIES INVESTMENT TRUST PLC


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
KLEINWORT SMALLER COMPANIES INVESTMENT TRUST plc

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 A/C CT

5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
50,000

8   Percentage of issued class:
0.37%

9   Class of security:

ORDINARY 25p Shares

10  Date of transaction:
19th November 1997

11  Date company informed:
20th November 1997

12  Total holding following this notification:
4,437,762

13  Total percentage holding of issued class following this notification:
33.61%

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:
20th November 1997


Additional Information:

THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT HOLDINGS LIMITED IS
4,437,762 SHARES (33.61%).

THE INTEREST OF KLEINWORT BENSON INVESTMENT MANAGEMENT LIMITED IS 4,172,762
SHARES (31.61%).


END

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