Directorate Change

ABERFORTH SMALLER COMPANIES TRUST plc

Board Changes

The Board of Aberforth Smaller Companies Trust plc confirm that, as stated in
the Chairman's Statement dated 26 January 2011, Mr Marco Chiappelli retired
from the Board as a Director of the Company on conclusion of the Annual General
Meeting held yesterday, 2 March 2011.

3 March 2011

Contact for enquiries:-

David Holland ● Aberforth Partners LLP, Secretaries ● 0131 220 0733