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Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2010

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^{Published in Business and Finance on Tuesday, June 22nd 2010 at 7:56 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--Royce Micro-Cap Trust (NYSE: RMT)

• Only micro-cap closed-end fund
• Average weekly trading volume of approximately 281,000 shares
• Funda™s adviser has more than 35 years of small- and micro-cap investment experience

Net leverage is the percentage, in excess of 100%, of the total value of equity type investments, divided by net assets applicable to common stock.

Recent Developments

Royce Micro-Cap Trust, Inc. has declared a cash dividend of $0.375 per share on its Cumulative Preferred Stock, based on an annual rate of 6.00% of the initial liquidation preference of $25.00 per share. The dividend is to be paid on June 23, 2010 to stockholders of record at the close of business on June 7, 2010 (ex-dividend on June 3, 2010).

Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) and 6.00% Cumulative Preferred Stock (RMTpra) are listed and traded on the New York Stock Exchange. The Funda™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 capitalization of $500 million or less.

Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at [ www.roycefunds.com ]