Dividend Declaration

ABERFORTH SMALLER COMPANIES TRUST PLC Second Interim Dividend The Board of Aberforth Smaller Companies Trust plc today announced a second interim dividend of 14.30p per ordinary share in respect of the year ending 31 December 2011, payable on 24 February 2012 to shareholders on the register at the close of business on 3 February 2012. The ex-dividend date is 1 February 2012. 25 January 2012 Aberforth Partners LLP, Secretaries Tel 0131 220 0733 ANNOUNCEMENT ENDS
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