Statement re dividend payment and record date

Montanaro UK Smaller Companies Investment Trust Plc

Confirmation of dividend payment date and record date

Further to the announcement of an interim dividend included in the Half Yearly
Report to 30 September 2009 released on 25 November 2009, the stated record
date of 27 November was incorrect. All other information in the report was
correct.

The correct information for payment of the interim dividend of 3p per share is:

Ex-dividend Date 2 December 2009

Record Date 4 December 2009

Pay Date 18 December 2009

26 November 2009