NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
    RESPONSIBILITY AND CONNECTED PERSONS

    1.            Name of Issuer

    BlackRock Smaller Companies Trust plc

    2.            State whether the notification relates to (i) a transaction
    notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4R(1)(b) a
    disclosure made in accordance with section 324 (as extended by section 328) of
    the Companies Act 1985; or (iii) both (i) and (ii).

    Both (i) and (ii)

    3.            Name of person discharging managerial responsibilities/director.

    Mr Robert Sinclair Robertson

    4.            State whether notification relates to a person connected with a
    person discharging managerial responsibilities/director named in 3 and identify
    the connected persons.

    Holding of the director referred to in 3

    5.            Indicate whether the notification is in respect of a holding of
    the person referred to in 3 or 4 above or in respect of a non-beneficial
    interest.

    Holding of the director referred to in 3

    6.            Description of shares (including class), debentures or
    derivatives or financial instruments relating to shares.

    Ordinary shares of 25p each

    7.            Name of registered shareholder(s) and, if more than one, the
    number of shares held by each of them.

    CGWL Nominees Ltd

    8.            State the nature of the transaction.

    Purchase of ordinary shares

    9.            Number of shares, debentures or financial instruments relating to
    shares acquired.

    6,000

    10.          Percentage of issued class acquired (treasury shares or that class
    should not be taken into account when calculation percentage).

    0.01%

    11.          Number of shares, debentures or financial instruments relating to
    shares disposed.

    n/a
     

    12.          Percentage of issued class disposed (treasury shares or that class
    should not be taken into account when calculation percentage).

    n/a

    13.          Price per share or value of transaction.

    £8.76 per ordinary share

    14.          Date and place of transaction.

    26 January 2016, London
     

    15.          Total holding following notification and total percentage holding
    following notification (any treasury shares should not be taken into account
    when calculating percentage).

    86,062 ordinary shares - 0.18%

    16.          Date issuer informed of transaction.

    26 January 2016

    17.          Date of grant.

    N/A

    18.          Period during which or date on which it can be exercised.

    N/A

    19.          Total amount paid (if any) for grant of the option.

    N/A

    20.          Description of shares or debentures involved (class and number).

    N/A

    21.          Exercise price (if fixed at time of grant) or indication that
    price is to be fixed at the time of the exercise.

    N/A

    22.          Total number of shares or debentures over which option held
    following notification.

    N/A

    23.          Any additional information.

    N/A

    24.          Name of contact and telephone number for queries.


    Sarah Beynsberger
    Company Secretary
    BlackRock Investment Management (UK) Limited

    Tel: 0207 743 2639

    Date: 26 January 2016