Month end portfolio info

F&C U.S. Smaller Companies PLC
15 August 2006


F&C US Smaller Companies PLC

ALL DATA AS AT 31st July 2006

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, www.fandc.com
FROM APPROXIMATELY 18th August 2006


Top ten equity holdings

Cousins Properties            3.0%
Dollar Thrifty Automotive     2.7%
Community Health              2.7%
Mueller Industries            2.6%
Republic Services             2.4%
Capitalsource                 2.3%
Denbury Resources             2.3%
LKQ                           2.2%
Roper                         2.2%
Lithia Motors                 2.1%

Total                        24.5%


Sector
                                                                                  

Consumer Discretionary       30.3%
Financial Services           24.0%
Health Care                  11.1%
Producer Durables             7.2%
Autos And Transportation      5.7%
Technology                    9.8%
Other Energy                  5.6%
Materials And Processing      4.4%
Utilities                     2.1%


Total                       100.0%



Actual gearing:    97.0

Potential gearing: 100.0


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