New Debt Facilities

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC

1 NOVEMBER 2017

NEW DEBT FACILITIES

Standard Life UK Smaller Companies Trust plc (the "Company") is pleased to announce it has today entered into a £45m unsecured facility agreement with The Royal Bank of Scotland plc. The facilities consist of a 5 year term loan facility of £25m (the "Term Loan") and a 5 year revolving credit facility of £20 million (the "RCF"). 

The facility agreements include terms which are typical for facilities of this nature; including minimum net asset and loan to value covenants.

All enquiries:

Evan Bruce-Gardyne

Head of Investment Companies, Standard Life Investments Tel. 0345 600 2268