Month End Portfolio Info

Foreign & Colonial U.S.Smllr.Co PLC
17 September 2002



FOREIGN & COLONIAL US SMALLER COMPANIES PLC

ALL DATA AS AT 31st August 2002

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.co.uk FROM
APPROXIMATLEY 18TH September 2002

                                                                     

SECTOR ALLOCATION                                                    %

Autos and Transportation                                          6.40
Consumer Discretionary                                           34.03
Consumer Staples                                                  0.00
Financial Services                                               18.10
Health Care                                                      12.94
Integrated Oils                                                   0.00
Materials And Processing                                          7.77
Other                                                             2.97
Other Energy                                                      5.33
Producer Durables                                                 5.42
Technology                                                        3.24
Utilities                                                         3.80
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
Kirby Corp.                                                       4.07
Harte-Hanks Inc.                                                  3.88
Cousins Properties Inc.                                           3.83
SCP Pool Corp.                                                    3.65
Iron Mountain Inc.                                                3.29
Republic Services Inc.                                            2.79
Jones Lang LaSalle Inc.                                           2.67
BankUnited Financial Corp.                                        2.50
Fred's Inc.                                                       2.27
Invitrogen Corp.                                                  2.22
                                                                 -----
Total                                                            31.16
                                                                 =====
EFFECTIVE GEARING                                                   0%



                      This information is provided by RNS
            The company news service from the London Stock Exchange