Shires Smaller Co's - Portfolio Update

RNS Number:0635L
Shires Smaller Companies PLC
03 January 2008

SHIRES SMALLER COMPANIES PLC - 10 LARGEST INVESTMENTS

The company announces that the ten largest investments as at close of business
on 31 December 2007 were as follows:

Assets With Values Over 5% of Gross Assets
NAME Market Value % Ttl Gross Assets
Aviva & General Accident Prefs 7,027,075 10.78

Top 10 Portfolio Assets
NAME Market Value % Ttl Gross Assets
Aviva & General Accident Prefs 7,027,075 10.78
Fisher (James) 2,628,000 4.03
Chesnara 2,505,000 3.84
Menzies (John) 2,376,000 3.65
Highway Insurance Holdings 2,190,000 3.36
Hill & Smith 1,932,593 2.97
ATH Resources 1,903,271 2.92
F&C Asset Management 1,814,313 2.78
Impax Group 1,735,089 2.66
Dawson Holdings 1,511,400 2.32

END

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

PFUQXLFBVFBEBBQ