Authorization

Royce Micro-Cap Trust, Inc. (NYSE-RMT) Declares Fourth Quarter Common Stock Distribution of $0.21 Per Share

NEW YORK, Dec. 3, 2018 /PRNewswire/ --ARoyce Micro-Cap Trust, Inc. (NYSE-RMT) has declared a quarterly distribution of $0.21 per share on its Common Stock.A The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 27, 2018 to stockholders of record at the close of business on December 13, 2018 (ex-dividend on December 12, 2018).A The price of shares issued for reinvestment will be determined on December 20, 2018.The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.75% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund's Board of Directors.The Fund's estimated sources of the distribution to be paid on December 27, 2018 and for 2018 year-to-date are as follows: Estimated Allocations as of November 30, 2018

AFund



ADistributionPer Share



Net Investment
Income



Net RealizedShort-TermGains



Net RealizedLong-TermGains



Return of Capital



RMT



$0.21



$0.0007 (1%)



$0.0111 (5%)



$0.1982 (94%)



$0.0000 (0%)

Estimated Allocations for 2018 through November 30, 2018

AFund



ADistributionPer Share



Net Investment
Income



Net RealizedShort-TermGains



Net RealizedLong-TermGains



Return of Capital



RMT



$0.75



$0.0025 (1%)



$0.0396 (5%)



$0.7079 (94%)



$0.0000 (0%)

You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution or from the terms of the Fund's Distribution Policy.A The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.Fund Performance and Distribution Rate Information:

AAAFund



Average Annual Total
Return (in relation to
NAV for the 5-year
period ending on
11/30/2018)1



Annualized Current
Distribution Rate
(expressed as a
percentage of NAV as
of 11/30/2018)2



ACumulative total return
(in relation to NAV for
the fiscal year through
11/30/2018)3



ACumulative fiscal year
distributions (as a
percentage of NAV as
of 11/30/2018)4



RMT



5.74%



8.62%



-1.95%



7.70%

1A Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ended November 30, 2018.A Annual NAV Total Return is the percentage change in the Fund's NAV over a year, assuming reinvestment of distributions paid.2A The annualized Current Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of November 30, 2018.3A Cumulative Total Return is the percentage change in the Fund's NAV from December 31, 2017 to November 30, 2018 assuming reinvestment of distributions paid.4A The Cumulative Fiscal Year Distribution Rate is the dollar value of distributions for the fiscal year period (January 1, 2018 to November 30, 2018), as a percentage of the Fund's NAV as of November 30, 2018.About Royce Micro-Cap Trust, Inc.Royce Micro-Cap Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the New York Stock Exchange.A The Fund's investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalizations of $750 million or less.A For further information on The Royce Fundssm, please visit our web site at: www.roycefunds.com.
Royce Micro-Cap Trust, Inc. (NYSE-RMT) Declares Fourth Quarter Common Stock Distribution of $0.21 Per Share
View original content:https://www.prnewswire.com/news-releases/royce-micro-cap-trust-inc-nyse-rmt-declares-fourth-quarter-common-stock-distribution-of-0-21-per-share-300759323.htmlSOURCE Royce Micro-Cap Trust, Inc.
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