Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont, a Director of the Company,
purchased on 1 September 2010, 7,000 Ordinary shares at a price of 84.25p each.

Lord Lamont's notifiable interest in the Company's shares now totals 50,186
Ordinary shares, representing 0.31% of the issued share capital.

1 September 2010