Director/PDMR Shareholding

Small Companies Dividend Trust PLC

The Company has been informed that W van Heesewijk, a Director of the Company,
purchased 5,000 Ordinary shares at a price of 215.8p each on 5 September 2007.

Following this transaction W van Heesewijk holds 24,031 Ordinary shares
(representing 0.15% of the issued class of capital). These shares are
registered in the name of HSBC Global Custody Nominee (UK) Limited.

7 September 2007