Dividend Declaration

Aberforth Smaller Companies Trust plc

Dividend Declaration

The Board of Aberforth Smaller Companies Trust plc today announced a proposed final ordinary dividend of 19.75p per share, together with a special dividend of 6.70p per share, in respect of the year ended 31 December 2017.

Subject to shareholder approval at the AGM to be held on 1 March 2018, the dividends will be paid on 6 March 2018 to shareholders on the register at the close of business on 9 February 2018. The ex-dividend date is 8 February 2018. The Company also operates a Dividend Reinvestment Plan and elections must be received by the Company’s registrars by 5.30pm on 13 February 2018.

Aberforth Partners LLP, Secretaries

(Contact David Holland, Tel [phone])

26 January 2018