Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont of Lerwick, a Director of the
Company, purchased on 17 August 2007, 367 ordinary shares at a price of 216p
each. The shares were purchased pursuant to a regular monthly standing order
through the Chelverton Savings Plan.

Lord Lamont is now deemed to have a disclosable interest in 3,092 ordinary
shares, representing 0.02% of the issued share capital.

20 August 2007