TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of  Invesco Perpetual UK
existing shares to which voting rights are attached    Smaller Companies
(ii):                                                  Investment Trust plc

2. Reason for the notification                               State Yes/No

An acquisition or disposal of voting rights                      Yes

An acquisition or disposal of financial instruments
which may

result in the acquisiiton of shares already issued to
which voting

rights are attached

An event changing the breakdown of voting rights

Other (please specify): Change in issued share capital

3. Full name of person(s) subject to the notification  1607 Capital Partners,
obligation (iii):                                      LLC

4. Full name of shareholder(s) (if different from 3.)  Northern Trust 3,381,746
(iv):
                                                       BNY Mellon     2,507,196

                                                       State Street   1,054,916


5. Date of the transaction (and date on which the      9 January 2014
threshold is

crossed or reached if different) (v):

6. Date on which issuer notified:                      10 January 2014

7. Threshold(s) that is/are crossed or reached:        13%

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous     Resulting situation after the triggering
of shares if  to the triggering                transaction (vii)
possible      transaction (vi)
using the
ISIN CODE

              Number of Number of Number of  Number of voting     % of voting
               Shares    Voting    shares         rights            rights
                         Rights
                         (viii)                    (ix)

                                   Direct    Direct  Indirect   Direct  Indirect
                                                       (x)
                                              (x)

GB00B1FL3C76 6,843,858 6,843,858                    6,943,858          13.05%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of          Expiration       Exercise/     Number of voting   % of voting
financial       date (xiii)   Conversion Period  rights that may     rights
instrument                       /Date (xiv)     be acquired if
                                                the instrument is
                                                   exercised/
                                                    converted

None

Total (A+B)

Number of voting rights                 % of voting rights

Same as A

9. Chain of controlled undertakings through which the voting rights and/or the
financial

instruments are effectively held, if applicable (xv):



Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy
holder will cease to hold:

12. Date on which proxy holder will
cease to hold voting rights:

13. Additional information:

14. Contact name:                       Kevin Mayger

15. Contact telephone number:           0207 065 4000