Dividend Declaration

ABERFORTH SMALLER COMPANIES TRUST PLC

Interim Dividend

The Board of Aberforth Smaller Companies Trust plc today announced an interim dividend of 8.15p per ordinary share in respect of the year ending 31 December 2015. The dividend will be paid on 27 August 2015 to shareholders on the register at the close of business on 7 August 2015. The ex-dividend date is 6 August 2015.

Aberforth Partners LLP, Secretaries

(Contact David Holland, Tel [phone])

29 July 2015