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 19 March 2007, 20 ordinary shares (representing 0.0% of
the issued class of capital) at a price of 237.5p each. The shares were
purchased pursuant to a regular monthly standing order through the Chelverton
Savings Plan.

Mr van Heesewijk is now deemed to have a disclosable interest in 15,105
ordinary shares, representing 0.09% of the issued share capital.

20 March 2007