Daily NAVs for Royce Micro-Cap Trust, Inc. Now Distributed by Nasdaq.

NEW YORK--(BUSINESS WIRE)--Nov. 18, 1998--Royce Micro-Cap Trust, Inc. (Nasdaq: OTCM) (the "Fund") today announced that Nasdaq is now disseminating the Fund's daily net asset values (NAVs) under the symbol XOTCX.

The NAVs are available online through any ticker symbol lookup service and on broker terminals. In making the announcement, Charles M. Royce, President, remarked, "The daily dissemination of the Fund's net asset value will enable investors and brokers to focus more closely on the Fund's underlying performance as a long-term investment. We appreciate the efforts of Nasdaq in making daily availability of closed-end fund NAVs a reality, and we look forward to the day when the NAVs appear in daily newspapers with equal prominence to open-end NAVs."

NAVs for Royce's other closed-end funds, Royce Value Trust, Inc. (NYSE: RVT) and Royce Global Trust, Inc. (Nasdaq: FUND) are also disseminated by Nasdaq. The NAV ticker for RVT is XRVTX and the NAV ticker for FUND is XFUNX.

Royce Micro-Cap Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq National Market and whose shares of Preferred Stock are listed and traded on the American Stock Exchange (ROY.PR). The Fund's investment objective is long-term capital appreciation, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalizations of $300 million or less.

The Fund's address is 1414 Avenue of the Americas, New York, New York 10019, and its telephone number is [phone]. For further information on The Royce Funds(SM), please visit our website at www.roycefunds.com.