CHELVERTON UK DIVIDEND TRUST PLC

INTERIM DIVIDEND

The Company has today declared a first interim dividend in respect of the year 1 May 2019 to 30 April 2020 of 2.40p (2.19p: 2018) per Ordinary share. This dividend payment has increased by 9.5% compared to the previous year.

The dividend will be paid on 1 October 2019 to the holders of Ordinary shares on the register at 20 September 2019, with an ex-dividend date of 19 September 2019.

It remains the Board's intention that this payment will be the first of four equal core dividend payments of 2.40p each, being a total of 9.60p, for the year ending 30 April 2020. There may or may not be a special dividend, the payment of which will be dependent on dividend revenue received over financial year.

Maitland Administration Services Limited - Corporate Secretary

5 September 2019