Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont, a Director of the Company,
purchased on 31 August 2010, 7,000 Ordinary shares at a price of 84.50p each.

Lord Lamont's notifiable interest in the Company's shares now totals 43,186
Ordinary shares, representing 0.27% of the issued share capital.

31 August 2010