REG-BlackRock Smll Cos: Holding(s) in Company

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

(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

BlackRock Smaller Companies Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: (X)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( )

(3). Full name of person(s) subject to the notification obligation (iii):

Legal & General Group Plc (L&G)

(4). Full name of shareholder(s) (if different from 3.) (iv):

Legal & General Assurance (Pensions Management) Limited (PMC)

(5). Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

1 October 2009

(6). Date on which issuer notified:

2 October 2009

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

From 4% - 3% (L&G)

(8). Notified details:

A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code): Ord 25p/GB0006436108

Situation previous to the triggering transaction(vi):
Number of Shares: 2,052,423
Number of Voting rights(viii): 2,052,423

Resulting situation after the triggering transaction(vii):
Number of shares:
DIRECT: 1,916,512
Number of voting rights (ix):
Direct (x): 1,916,512
Indirect (xi):

% of voting rights:
Direct: 3.97%
Indirect:

B. Financial Instruments

Resulting situation after the triggering transaction (xii):

Type of financial instrument:

Expiration date (xiii):

Exercise/Conversion Period/Date (xiv):

Number of voting rights that may be acquired if the instrument is exercised/
converted:

% of voting rights:

C. Financial Instruments with similar economic effect to Qualifying Instruments

Resulting situation after the triggering transaction:

Type of financial instrument:

Exercise Price:

Expiration date:

Exercise/Conversion Period/Date:

Number of voting rights instrument refers to:

% of voting rights:

Nominal:
Delta:

Total (A + B + C):

Number of voting rights: 1,916,512

% of voting rights: 3.97%

(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

Legal & General Group Plc (direct and indirect) (Group)

Legal & General Investment Management (Holdings) Limited (LGIMH) (direct and
indirect)

Legal & General Investment Management Limited (indirect) (LGIM)

Legal & General Group Plc (direct) (L&G) (1,916,512 - 3.97% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (direct) (LGIMHD)
(1,768,313 - 3.66% = PMC)

Legal & General Insurance Holdings Limited (direct) (LGIH)

Legal & General Assurance (Pensions Management) Limited (PMC) (1,768,313 -
3.66% = PMC)

Legal & General Assurance Society Limited (LGAS & LGPL)

Legal & General Pensions Limited (direct) (LGPL)

Proxy Voting:

(10). Name of the proxy holder:

N/A

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

N/A

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

N/A

(13). Additional information:

Notification using the total voting rights figure of 49,194,792

(14). Contact name:

Ms C Driscoll
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 2427

5 October 2009

END