Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont, a Director of the Company,
purchased on 15 February 2010, 21,000 Ordinary shares at a price of 73.5p each.

Lord Lamont's notifiable interest in the Company's shares now totals 35,825
Ordinary shares, representing 0.22% of the issued share capital.

15 February 2010