Transaction in Own Shares

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC ("the Company")

Legal Entity Identifier (LEI): 213800UUKA68SHSJBE37

PURCHASE OF OWN ORDINARY SHARES

On 22 May 2020 the Company purchased 34,573 Ordinary Shares at a price of 461.98 pence per share. These shares will be held in treasury.

Following the transaction, the Company's issued ordinary share capital comprises:

100,065,198 Issued Ordinary shares (excluding treasury shares)

4,099,224 Ordinary shares held in treasury

104,164,422 Issued Ordinary shares (including treasury shares)

The total number of voting rights in the Company is 100,065,198 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.

Evan Bruce-Gardyne

Aberdeen Asset Management PLC

Secretaries

Tel. 0131 372 2200