Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Mr William van Heesewijk, a Director of the
Company, purchased on 4 November 2008, 10,000 ordinary shares at a price of 69p
each.

Mr van Heesewijk is now deemed to have a disclosable interest in 79,182
ordinary shares, representing 0.49% of the issued share capital.

5 November 2008