Dunedin Smaller Companies Invest: Director Shareholding


STOCKHOLM, Sweden, Feb. 26, 2003 (PRIMEZONE) -- Dunedin Smaller Companies Invest:

Schedule 11

Notification Of Interests Of Directors And Connected Persons

1) Name of company

Dunedin Smaller Companies Investment Trust plc

2) Name of director

Raymond Entwistle

3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is aholding of that person's spouse or children under the age of 18 or inrespect of a non-beneficial interestIn respect of 2.

4) Name of the registered holder(s) and, if more than one holder, thenumberof shares held by each of them (if notified)

5) Please state whether notification relates to a person(s) connectedwith the Director named in 2 above and identify the connected person(s) N/a

6) Please state the nature of the transaction. For PEP transactionsplease indicate whether general/single co. PEP and if discretionary/nondiscretionary Share purchase

7) Number of shares/amount of stock acquired 3,000

8) Percentage of issued class 0.0%

9) Number of shares/amount of stock disposed 0

10) Percentage of issued class 0.0%

11) Class of security Ordinary 25 pounds

12) Price per share 2.46 pounds

13) Date of transaction 26.2.03

14) Date company informed 26.2.03

15) Total holding following this notification 3,000

16) Total percentage holding of issued class following this notification 0.0%

If a director has been granted options by the company please complete the following boxes

17) Date of grant n/a

18) Period during which or date on which exercisable n/a

19) Total amount paid (if any) for grant of the option n/a

20) Description of shares or debentures involved: class, number n/a

21) Exercise price (if fixed at time of grant) or indication that priceis to be fixed at time of exercise n/a

22) Total number of shares or debentures over which options heldfollowing this notification n/a

23) Any additional information n/a

24) Name of contact and telephone number for queries n/a

25) Name and signature of authorised company official responsible for making this notification

Amanda Fraser

Date of Notification 26.2.03

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/02/26/20030226BIT00920/wkr0001.doc

http://www.waymaker.net/bitonline/2003/02/26/20030226BIT00920/wkr0002.pdf