Month End Portfolio Info

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


F&C US Smaller Companies PLC

ALL DATA AS AT 30th April 2005

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


Sector Allocation                                                             %
Consumer Discretionary                                                     30.03
Financial Services                                                         26.66
Health Care                                                                12.02
Materials And Processing                                                    7.29
Producer Durables                                                           7.16
Other Energy                                                                6.89
Autos And Transportation                                                    4.26
Technology                                                                  4.14
Utilities                                                                   1.54

Total                                                                        100




Top Ten Holdings                                                              %

Cousins                                                                     2.64
Republic Services                                                           2.37
Pride International                                                         2.27
Freds                                                                       2.18
Bankunited Financial                                                        2.16
Renal Care                                                                  2.10
SCP Pool                                                                    2.08
Kirby                                                                       2.04
HCC Insurance                                                               1.97
Sourcecorp                                                                  1.94

Effective Gearing                                                            0%



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