Potential Removal of Investment Restriction

BlackRock Smaller Companies Trust plc
(LEI: 549300MS535KC2WH4082)

Potential Removal of Investment Restriction

16 March 2017

The Board of BlackRock Smaller Companies Trust plc (the “Company”) announces that, in the light of the development and evolution of the AIM market in recent years, it is considering the removal of the current restriction that the value of AIM-listed stocks as a percentage of the Company’s portfolio should not exceed 40 per cent.

Subject to receiving the requisite consents and regulatory approvals, the Board may put forward a resolution at the Company’s Annual General Meeting in June proposing that the amendment be made.

Enquiries

Simon White                                                                                020 7743 5284
BlackRock Investment Management (UK) Limited

Robbie Robertson                                                                       020 7523 8000
David Yovichic
Canaccord Genuity Limited
Corporate Broker

This announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No.596/2014.

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