Month End Portfolio Info

F&C U.S. Smaller Companies PLC
17 February 2003

F&C US SMALLER COMPANIES PLC

ALL DATA AS AT 31st January 2003

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM
APPROXIMATLEY 18th February 2003
SECTOR ALLOCATION                                                                                   %
Autos And Transportation                                                                         7.51
Consumer Discretionary                                                                          28.87
Financial Services                                                                              22.50
Health Care                                                                                     11.56
Materials And Processing                                                                         8.10
Other                                                                                            1.57
Other Energy                                                                                     6.24
Producer Durables                                                                                6.12
Technology                                                                                       4.69
Utilities                                                                                        2.84
                                                                                                 ----
Total                                                                                             100
                                                                                                 ====
TOP 10 HOLDINGS                                                                                     %
Kirby Corp.                                                                                      4.67
Cousins Properties Inc.                                                                          3.71
SCP Pool Corp.                                                                                   3.03
Iron Mountain Inc.                                                                               2.94
Harte-Hanks Inc.                                                                                 2.77
American Capital Strategies Ltd.                                                                 2.54
Republic Services Inc.                                                                           2.49
Fred's Inc.                                                                                      2.43
Pride International Inc.                                                                         2.40
BankUnited Financial Corp.                                                                       2.38
                                                                                                -----
Total                                                                                           29.37
                                                                                                =====
EFFECTIVE GEARING                                                                                  0%


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