First Interim Dividend

BFS SMALL COMPANIES DIVIDEND TRUST PLC
31 August 1999

1ST INTERIM DIVIDEND
COMPANY NAME
*BFS SMALL COMPANIES DIVIDEND TRUST PLC
SECURITY TITLE
*Ord Shs
MNEMONIC CODE       *BSD
SEDOL CODE          *661-582
DIVIDEND AMOUNT     *2p
PERIOD              *Period 06-04-99-31-07-99
PROVISIONAL EX DATE *06-09-99
RECORD DATE         *10-09-99
PAYMENT DATE        *30-09-99
DIV/SCRIP OPTION    *Info n/av
NOTES *