Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

1. Identity of the issuer or the                          Small               
underlying issuer of existing shares to         Companies Dividend Trust plc           
which voting rights are attached:                 
                                                                              

2 Reason for the notification (please tick the appropriate box or boxes):      
                                 
An acquisition or disposal of voting rights                              Yes   
                        
An acquisition or disposal of qualifying financial instruments which           
may result in the acquisition of shares already issued to which voting         
rights are attached                                                            
                                                                         
An acquisition or disposal of instruments with similar economic effect         
to qualifying financial instruments                                            
                                                                        
An event changing the breakdown of voting rights                               
                                                                       
Other (please specify):                                                                      
   
                                                                            
3. Full name of person(s) subject to the     Funds under the management of      
notification obligation:                     Midas Investment Management Ltd    
                                              
                              
4. Full name of shareholder(s) (if           Pershing Nominees Limited [MDCLT] -
different from 3.):                          417,152 shares                     
                                                                              
                                             Pershing Nominees Limited [MDISA] -
                                             227,472 shares                     


5. Date of the transaction and date on      13 September 2013         
which the threshold is crossed or reached:                                    
                                  
                                            
6. Date on which issuer notified:           13 September 2013         
  

7. Threshold(s) that is/are crossed or      Under 4 per cent          
reached:                                                                      
                                                                              
                                                                              
8. Notified details:                                                               
      
                                                                             
A: Voting rights attached to shares                                                
                                                                                   
                                                                                                           
Class/type of   Situation previous    Resulting situation after the triggering        
shares          to the triggering     transaction                                     
                transaction                                       
                                                    
if possible     Number     Number     Number     Number of voting      % of voting rights   
using the ISIN  of Shares  of Voting  of shares  rights
CODE                       Rights          
                                            
                                      Direct     Direct    Indirect    Direct  Indirect
                                          
GB0006615826    669,624    669,624    644,624    644,624               3.97%           
    
                                                                               
B: Qualifying Financial Instruments                                             
                                                          
Resulting situation after the triggering transaction                            
                                                              
Type of financial   Expiration  Exercise/       Number of voting             % of voting   
instrument          date        Conversion      rights that may be           rights        
                                Period          acquired if the instrument 
                                                is exercised/converted.                       


C: Financial Instruments with similar economic effect to Qualifying Financial    
Instruments                                                                      
                                                                             
Resulting situation after the triggering transaction                             

Type of        Exercise Expiration Exercise/    Number of voting       % of voting     
financial      price    date       Conversion   rights the instrument  rights  
instrument                         period       refers to                     
                                                                                                                        
                                                                       Nominal   Delta 
                                                                                 
Total (A+B+C)                                                                 
                                                                                                                                                  
Number of voting rights                    Percentage of voting rights        
                                                                              
644,624                                    3.97%                              
                                                                              

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        

Proxy Voting:                                                                 
   
                                                                      
10. Name of the proxy holder:                                                 
                                                                                                                                                     
11. Number of voting rights proxy holder                                      
will cease to hold:                                                           
                                                                      
                                                                              
12. Date on which proxy holder will cease                                     
to hold voting rights:                                                        
                                                                              

13. Additional information:                                                   
                                                                              
                                                                                                            
14. Contact name:                          Mike Waddington                    
                                                                              
                                                                                                 
15. Contact telephone number:              0161 228 1709