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 19 February 2007, 328 ordinary shares (representing 0.0%
of the issued class of capital) at a price of 241p 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 1,009 ordinary
shares, representing 0.01% of the issued share capital.

21 February 2007


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