RNS Number:3412R
Osprey Smaller Cos Income Fund Ltd
27 October 2003

Collins Stewart Limited has notified the Company that with effect from 24
October 2003 Collins Stewart Limited and Collins Stewart (CI) Limited hold and
control 859,515 ordinary shares in Osprey Smaller Companies Income Fund on
behalf of discretionary clients of the two firms. This holding equates to 6.12%
of the issued share capital of that class.



Date Company informed: 27 October 2003




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

HOLUBROROWRRUAA