Director/PDMR Shareholding

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont, a Director of the Company,
purchased on 11 January 2010, 135 Ordinary shares at a price of 76.00p each.
The shares were purchased via a dividend reinvestment arrangement.

Lord Lamont's notifiable interest in the Company's shares now totals 14,825
Ordinary shares, representing 0.09% of the issued share capital.

15 January 2010