Death Of Director

SMALL COMPANIES DIVIDEND TRUST PLC

Death of Director

The Board of Small Companies Dividend Trust PLC announces with great regret
that on 25 November 2010, Bryan Lenygon passed away.

Bryan, a Director of the Company since launch in 1999, was an important member
of the Board and his experience, wisdom and humour will be sadly missed by all.

Enquiries: Chelverton Asset Management 0207 222 8989.