Royce Micro-Cap Trust (NYSE: RMT) as of June 30, 2009

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
* Fund`s adviser has more than 30 years of small- and micro-cap investment
experience

Closing Prices - June 30, 2009

NAV $ 7.21
MKT $ 6.01

Total Return Performance

Periods ended June 30, 2009 NAV MKT

1 Month* 4.95% 3.62%
Year to Date* 18.66 12.46
One-Year -26.70 -33.83
Three-Year Average Annual -10.58 -16.28
Five-Year Average Annual -1.38 -4.25
10-Year Average Annual 7.40 7.58

*Not annualized

Portfolio Diagnostics

Wtd Average Market Cap: $313 million
Wtd. Average P/E Ratio: 14.2x*
Wtd. Average P/B Ratio: 1.2x
Wtd. Average Portfolio Yield: 1.1%
Net Assets Attributable to Common Stock: $257 million
Net Leverage: 7.5%

*Excludes 21% of portfolio holdings with zero or negative earnings as of
6/30/09.

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.

Portfolio Composition

Top 10 Positions % of Net Assets
1. Seneca Foods Cl. B 2.2%
2. Sapient Corp. 1.6
3. Pegasystems 1.1
4. Universal Truckload Services 1.1
5. Wilbros Corp. 1.0
6. Deswell Industries 1.0
7. America`s Car-Mart 1.0
8. Computer Task Group 1.0
9. Movado Group 1.0
10. Hawkins 0.9

Top Five Industries % of Net Assets
1. Industrial Products 21%
2. Technology 21
3. Industrial Services 13
4. Natural Resources 11
5. Financial Intermediaries 10

Recent Development

On May 19, 2009, the Board of Directors of Royce Micro-Cap Trust suspended the
Fund`s 9% quarterly distribution policy for Common Stockholders in light of
current market conditions and other factors. The Fund intends the suspension to
continue until such time as it can again regularly distribute net realized
gains, which should occur after it has utilized the Fund`s capital loss
carryforwards. Until such time, the Fund will distribute any net investment
income on an annual basis in December.

Royce Micro-Cap Trust, Inc. paid 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, on June 23, 2009 to stockholders of
record at the close of business on June 8, 2009 (ex-dividend on June 4, 2009).

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 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
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

Royce Micro-Cap Trust, Inc.
John D. Diederich, 212-355-7311

Copyright Business Wire 2009