SLS.L Regulatory News (SLS)

Standard Life UK Smaller Companies Trust plc

Legal Entity Identifier: 213800UUKA68SHSJBE37

24 July 2020

Compliance with Market Abuse Regulation

Standard Life UK Smaller Companies Trust plc (the "Company") announces that it is satisfied that any inside information which the Directors or the Company may have had up to today's date has previously been notified to a Regulated Information Service ("RIS").

By virtue of the points set out in (1) to (5) below, the Directors and the Company do not currently expect there to be any inside information arising in the closed period as defined by the EU Market Abuse Regulation. The closed period will end on the date of the announcement of the Company's Annual Financial Report for the year ended 30 June 2020.

1) the announcement on 6 July 2020 of the Company's net asset value per share as of the close of business on 30 June 2020,

2) the Company's belief, following reasonable enquiries, that there will be no material difference between the information published on 6 July 2020 and that to be included in the forthcoming announcement of the Annual Financial Report,

3) the Company's practice of calculating net asset values per share each business day and the announcement of these net asset values to an RIS,

4) there being no unquoted investments within the Company's portfolio, and

5) there being no other unpublished information which constitutes price-sensitive information in respect of the Company's securities.

The Company is therefore not prohibited from dealing in its own securities during the closed period.

If, during the closed period leading up to the announcement of the Annual Financial Report, the Company or its Directors become aware of any inside information, such inside information will be managed in accordance with the UKLA's DTR 2.

For further information, please contact:

Gordon Hay Smith

Aberdeen Asset Management PLC

Secretaries

Tel. 0131 372 2200