ADSC Allianz Dres.Sm

RNS Number:2943X
Allianz Dresdner Smlr Co's I.T PLC
02 April 2004

ALLIANZ DRESDNER SMALLER COMPANIES INVESTMENT TRUST

In accordance with the Listing Rules Chapter 21.20 l (i), the Company announces
that at close of business on 31 March 2004 it had the following investments in
other listed investment companies (including listed investment trusts) which
themselves do not have stated investment policies to invest no more than 15% of
their gross assets in other listed investment companies (including listed
investment trusts):

None.

Enquiries:
Kirsten Salt
Tel: 020 7065 1513
2 April 2004






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