Correction : Holding(s) in Company

Amendment to text of this announcement:

"as a result of an acquisition or deemed acquisition on 2 May 2006" not as
previously stated on "6 January 2006".



SMALL COMPANIES DIVIDEND TRUST PLC

The Company has today been informed pursuant to section 198 Companies Act 1985,
that Mr N H Lewis and Mrs S A Lewis, as a result of an acquisition or deemed
acquisition on 2 May 2006 are interested or deemed to be interested in (the
same) 2,000,000 Ordinary shares, representing 12.31% of the issued class of
capital.

The above shares are registered in the name of HSBC Global Custody Nominee (UK)
Limited.

4 May 2006