SMALLER COMPANIES VALUE TRUST plc  
       25 Gresham Street
       London EC2V 7HN
        
        
       Tel: 020 7356 2014
       Fax: 020 7356 1038
        
       12 December 2008
     SMALLER COMPANIES VALUE TRUST PLC 
     CHANGE OF ADVISER 
    The board of Smaller Companies Value Trust plc (the "Company") announces the appointment of Matrix Corporate Capital
LLP as the Company's broker with immediate effect.
Scottish Widows Investment Partnership Limited
Company Secretary
    Enquiries:
Paul Fincham/Jonathan Becher
Matrix Corporate Capital LLP
020 3 206 7000
      Smaller Companies Value Trust plc is registered  
      in England No. 4388908 and is an Investment Company within  
      the meaning of Part 23 of the Companies Act 2006  
      Registered Office: 10 Fleet Place, London EC4M 7RH
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