Month End Portfolio Info

Foreign & Colonial U.S.Smllr.Co PLC
15 October 2002


FOREIGN & COLONIAL US SMALLER COMPANIES PLC

ALL DATA AS AT 30th September 2002

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

SECTOR ALLOCATION                                                    %

Autos And Transportation                                          7.11
Consumer Discretionary                                           34.01
Consumer Staples                                                  0.00
Financial Services                                               17.31
Health Care                                                      13.33
Integrated Oils                                                   0.00
Materials And Processing                                          7.49
Other                                                             2.84
Other Energy                                                      5.19
Producer Durables                                                 5.43
Technology                                                        3.11
Utilities                                                         4.17
                                                                  ----
Total                                                              100
                                                                  ====



TOP 10 HOLDINGS                                                      %

Kirby                                                             4.31
Cousins Properties                                                3.90
SCP Pool                                                          3.84
Harte-Hanks                                                       3.72
Iron Mountain                                                     3.13
Jones Lang LaSalle                                                2.76
Republic Services                                                 2.69
BankUnited Financial                                              2.37
Renal Care Group                                                  2.31
CNA Surety                                                        2.30
                                                                 -----
Total                                                            31.33
                                                                 =====
EFFECTIVE GEARING                                                   0%


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