Result of AGM

SMALL COMPANIES DIVIDEND TRUST PLC

RESULT OF AGM

The Company is pleased to announce that at the Annual General Meeting held
earlier today all resolutions were passed on a show of hands.

Resolutions 1 to 6 related to Ordinary Business. Resolutions 7 to 10 related to
Special Business, as set out below:

Ordinary Resolution 7: To allot shares in accordance with statutory pre-emption
rights.

Special Resolution 8: To allot shares otherwise than in accordance with
statutory pre-emption rights.

Special Resolution 9: To make market purchases of the Company's shares.

Special Resolution 10: To adopt the Company's new Articles of Association.

A copy of the resolutions will be submitted to the National Storage Mechanism
and will be available for viewing at http://www.hemscott.com/nsm.do.

Enquiries:

William Van Heesewijk

Telephone: [phone]

24 September 2010