Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Small Companies Dividend Trust PLC

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Re-notified under Transitional Provision       Yes     
7 of the DTR's                                                                 

3. Full name of person(s) subject to the notification obligation    Dartmoor    
(iii):                                                             Investment   
                                                                    Trust Plc   
                                                                                
4. Full name of shareholder(s) (if different from 3.) (iv):        HSBC Global  
                                                                 Custody Nominee
                                                                  (UK) Limited  
                                                                                
5. Date of the transaction (and date on which the threshold is        N/A -     
crossed                                                          Re-notification
or reached if different) (v):                                         under     
                                                                  Transitional  
                                                                   Provision 7  
                                                                                
6. Date on which issuer notified:                                 20 March 2007 
                                                                                
7. Threshold(s) that is/are crossed or reached:                      Over 7%    
                                                                                
8. Notified details:                                                   N/A      

A: Voting rights attached to shares

 Class/type of  Situation previous   Resulting situation after the triggering  
    shares              to                      transaction (vii)              
  if possible     the Triggering                                               
using the ISIN   transaction (vi)                                              
     CODE                                                                      
                                                                               
                 Number   Number    Number  Number of voting     % of voting   
                   of       of        of       rights (ix)         rights      
                 Shares   Voting    shares                                     
                          Rights                                               
                          (viii)                                               
                                                                               
                                    Direct  Direct  Indirect   Direct  Indirect
                                              (x)     (xi)                     
                                                                               
Ordinary shares          1,250,000                  1,250,000           7.692% 
                                                                               
 GB0006615826                                                          of class
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
1,250,000                               7.692% of class                        

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):



Proxy Voting:


10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will cease to hold:                   
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                             K Beusmans       
                                                                               
15. Contact telephone number:                                 01392 477595     

Annex Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the                       
notification obligation                                                        
                                                                               
Full name (including legal form for legal entities)           Dartmoor         
                                                              Investment Trust 
                                                              Plc              
                                                                               
Contact address (registered office for legal entities)        Beaufort House,  
                                                              51 New North     
                                                              Road, Exeter, EX4
                                                              4EP              
                                                                               
Phone number                                                  01392 477595     
                                                                               
Other useful information (at least legal representative for   Contact name:    
legal persons)                                                Kate Beusmans    
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number                                                                   
                                                                               
Other useful information (e.g. functional relationship with                    
the person                                                                     
or legal entity subject to the notification obligation)                        

C: Additional information