GARTMORE SMALLER COMPANIES TRUST p.l.c.

Statement re Compliance with the Model Code

In accordance with Listing Rule 15.5.1(4), Gartmore Smaller Companies Trust
p.l.c. (the `Company') announces that it is satisfied that all insider
information which the Directors and the Company may have to 29 February 2008
has previously been notified to a regulatory information service and,
therefore, the dealings referred to in LR 15.5.1(3) are permitted.

Gartmore Investment Limited

Company Secretary

3 March 2008



END
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