Director/PDMR Shareholding

Small Companies Dividend Trust PLC

The Company has today been informed that W van Heesewijk, a Director of the
Company, purchased 3,750 Ordinary shares at a price of 233.00p each.

Following this transaction W van Heesewijk holds 18,835 Ordinary shares
(representing 0.12% of the issued class of capital). These shares are
registered in the name of HSBC Global Custody Nominee (UK) Limited.

6 March 2007