SDVZ Chelvertn Szdp

Chelverton Small Companies Dividend Trust PLC

DIRECTOR DECLARATION

Listing Rule 9.6.14 (2)

The Company hereby gives notification that Howard Myles, a non-executive director of the Company, has been appointed a non-executive Director and Chairman of the Audit Committee of Forest Company Limited on an interim basis for a period from 24 October 2016 to 26 April 2017. Forest Company Limited is a closed-ended investment company, incorporated and registered in Guernsey, and listed on the Channel Islands Securities Exchange.

For further information, please contact:

George Bayer

For and on behalf of

Maitland Administration Services Limited, Secretary

Telephone 01245 398984