Top 10 Investments

INVESCO Continental Smaller Companies Trust plc announces that, as at 31
December 2003, its top ten investments were as follows:

Company                                    % of gross  
                                             assets*   
                                                                   
Kone Corp                                    2.65%                 
                                                                   
Vedior                                       2.44%                 
                                                                   
Mobistar                                     2.38%                 
                                                                   
Neopost                                      2.33%                 
                                                                   
Eiffage                                      2.31%                 
                                                                   
Tietoenator Oyj                              2.30%                 
                                                                   
United Drug                                  2.13%                 
                                                                   
Imerys                                       2.06%                 
                                                                   
Campari                                      1.87%                 
                                                                   
Dist Integ Logista                           1.80%                 

Ordinary Shares unless otherwise stated.

* Subject to successful settlement of trades outstanding on the relevant date.

This announcement is made in accordance with Paragraph 21.20(l)(ii) of the
Listing Rules.

INVESCO Asset Management Limited

5 January 2004



END