Month End Portfolio Info

F&C U.S. Smaller Companies PLC
18 April 2005

F&C US Smaller Companies PLC

ALL DATA AS AT 31st March 2005

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, www.fandc.com
FROM APPROXIMATELY 18th April 2005


Sector Allocation                                              %

Consumer Discretionary                                        30.82
Financial Services                                            25.27
Health Care                                                   12.59
Other Energy                                                   7.31
Materials And Processing                                       6.93
Producer Durables                                              6.12
Technology                                                     6.05
Autos And Transportation                                       3.36
Utilities                                                      1.54

Total                                                           100




Top Ten Holdings                                                %

Freds                                                          2.54
Pride International                                            2.48
Republic Services                                              2.25
Sourcecorp                                                     2.14
Community Health Services                                      2.12
Kirby                                                          2.07
Renal Care                                                     2.05
Bankunited Financial                                           2.04
CapitalSource                                                  2.01
SCP Pool                                                       1.99


Effective Gearing                                               0%








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