Change of Adviser

Chelverton Small Companies Dividend Trust plc (the "Company")

Appointment of Financial Adviser and Broker

The Company, is pleased to announce that is has appointed Nplus 1 Singer Advisory LLP (“N+1 Singer”) as Financial Adviser and Broker to the Company with immediate effect.

Enquiries:

George Bayer, Maitland Administration Services Ltd, Corporate Secretary – 01245 398984