Dunedin Smaller Investment : Cos Inv Tst PLC - Results of First General Meeting

28 September 2018

DUNEDIN SMALLER COMPANIES INVESTMENT TRUST PLC

Results of First General Meeting

In connection with the proposals for the reconstruction, voluntary winding-up and rollover of Dunedin Smaller Companies Investment Trust plc into Standard Life UK Smaller Companies Trust plc, the Board is pleased to announce that the special resolution, which was put forward at the First General Meeting held today, has been voted on and passed by Shareholders.

Details of the proxy votes cast on the resolutions are included at the end of this announcement.

The full text of the special resolution can be found in the Notice of First General Meeting contained in the Company's circular to Shareholders dated 4 September 2018 (the 'Circular'). The Circular is available for viewing at the National Storage Mechanism which can be located at http://www.morningstar.co.uk/uk/NSM. The Circular is also available in electronic format on the Company's website, http://www.dunedinsmaller.co.uk/itdunedinsmallercompanies/.

Defined terms used in this announcement have the meanings given in the Circular unless the context otherwise requires.

Enquiries:

Aberdeen Standard Investments Gordon Hay Smith, Company Secretary

[phone]

Proxy Votes

The proxy votes cast on the resolution, are set out below:

Resolution	Votes For*	%	Votes Against	%	Votes Total	Votes Withheld
Authorise the implementation of the Proposals by the Liquidators	23,831,543	99.06	226,266	0.94	24,057,809	82,206

* The votes 'For' include those votes giving the Chairman discretion.

Notes:

Neither the Company's website nor the NSM website nor the content of any website accessible from hyperlinks on the Company's website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.