Directorate Change

SMALL COMPANIES DIVDEND TRUST PLC

The Board is pleased to announce Mr Howard Myles has today been appointed as a
non-executive director of Small Companies Dividend Trust PLC.

Mr Howard Myles was a partner in Ernst & Young from 2001 until June 2007 and
was responsible for the investment funds corporate advisory team. He was
previously with UBS Warburg from 1987 to 2001. Howard began his career in
stockbroking in 1971 as an equity salesman and joined Touche Ross in 1975 where
he qualified as a chartered accountant. In 1978 he joined W. Greenwell & Co in
the corporate broking team and in 1987 moved to SG Warburg Securities where he
was involved in a wide range of commercial and industrial transactions in
addition to leading Warburg's corporate finance function for investment funds.
He is a Fellow of the Institute of Chartered Accountants and a Fellow of the
Chartered Institute for Securities and Investment, and is a non-executive
director of five other listed investment companies.

Over the past five years, Howard Myles has been a director of the following
companies:

Current directorships               Former directorships            
                                                                    
Aberdeen Private Equity Fund        Ceres Agriculture Fund Limited  
Limited                                                             
                                                                    
Baker Steel Resources Trust         Principle Capital Investment    
Limited                             Trust Plc                       
                                                                    
BlackRock Hedge Selector Limited                                    
                                                                    
JP Morgan Brazil Investment Trust                                   
plc                                                                 
                                                                    
The World Trust Fund                                                

There is no further information which is required to be disclosed in relation
to Mr Myles pursuant to Listing Rule 9.6.13.

15 March 2011