Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Mr William van Heesewijk, a Director of the
Company, purchased on 18 December 2006, 22 ordinary shares (representing 0.0%
of the issued class of capital) at a price of 232p each. The shares were
purchased pursuant to a regular monthly standing order through the Chelverton
Savings Plan.

Mr van Heesewijk is now deemed to have a disclosable interest in 15,043
ordinary shares, representing 0.09% of the issued share capital.

19 December 2006