Directorate Change

SMALL COMPANIES DIVIDEND TRUST PLC                       

With effect from 1 December 2005 and following the passing of all the
resolutions at the Company's Annual General Meeting held on 25 November2005.,
Mr Lenygon has stepped down as Chairman of the Board of Directors , under
Listing Rule 15.2.8 (ee), although he remains a s the Senior Non Executive
Director of the Company and Chairman of the Audit Committee.

Also , the Directors are pleased to announce that Mr William van Heesewijk has
accepted an invitation to join the Board as a Non-Independent Director , with
effect from 1 December 2005, he

was previously an Alternate Director of;

BFS UK Dual Return Trust PLC

BFS US Special Opportunities Trust PLC

Small Companies Dividend Trust PLC

Small Companies PLC

Zero Preference Growth Trust PLC.

There are no further details required to be disclosed pursuant to Listing Rule
9.6.13 (1) - (6).

30 November 2005