RNS No 8759h
VOYAGEUR EUROPEAN SMALLER COMPANIES TRUST
7th October 1997


Stock Exchange Regulatory Announcement

Publication of Market maker holding under Rule 4.61


Name of Company:            Voyageur European Smaller Companies

Relevant Security:          Ordinary 50 pence

Member Firm:                SBC Warburg

Percentage Holding:         10.1%

As at close of business on: 1 October 1997

END

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