Royce Micro-Cap Trust, Inc. Declares Second Quarter Dividend on its 6.00% Cumulative Preferred Stock (NYSE-RMT.pra)

Royce Micro-Cap Trust, Inc. Declares Second Quarter Dividend on
its 6.00% Cumulative Preferred Stock (NYSE-RMT.pra) 


NEW YORK, May 24  /PRNewswire-FirstCall/ -- 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, 2005 to stockholders
of record at the close of business on June 6, 2005 (ex-dividend June 2, 2005).

The Preferred Stock, which trades on the New York Stock Exchange under the
symbol "RMT.pra", is rated 'aaa' by Moody's and has an annual dividend rate of
$1.50 per share.

A portion of the distribution will be treated as long-term capital gains.
Long-term capital gains will be allocated pro-rata to all distributions for the
year.  The final determination of the source of all distributions in 2005 will
be made at the end of the year.

Royce Micro-Cap Trust, Inc. is a closed-end diversified management investment
company whose shares of Common Stock (NYSE-RMT) and Preferred Stock are listed
and traded on the New York Stock Exchange. The Fund's investment goal is
long-term capital growth, which it seeks by normally investing at least 80% of
its assets in equity securities of companies that, at the time of investment,
have market capitalizations of $500 million or less.

For further information on The Royce Funds(SM), please visit our web site at:
http://www.roycefunds.com/. 

DATASOURCE: Royce Micro-Cap Trust, Inc.



CONTACT:  John D. Diederich, [phone] for Royce Micro-Cap Trust,

Inc.



Web site:  http://www.roycefunds.com/

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