SMALL COMPANIES DIVIDEND TRUST PLC

The Company has been advised that Lord Lamont, a Director of the Company,
purchased on 14 January 2014, 72 Ordinary shares at a price of 190.8000p each.
The shares were purchased via a dividend reinvestment arrangement.

Lord Lamont's notifiable interest in the Company's shares now totals 62,645
Ordinary shares, representing 0.38% of the issued share capital.

20 January 2014