Month End Portfolio Info

F&C U.S. Smaller Companies PLC
12 July 2005


F&C US Smaller Companies PLC

ALL DATA AS AT 30th June 2005

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


Sector Allocation                                                            %
Consumer Discretionary                                                   32.68
Financial Services                                                       24.72
Health Care                                                               9.39
Materials And Processing                                                  7.66
Producer Durables                                                         7.19
Other Energy                                                              7.07
Autos And Transportation                                                  5.07
Technology                                                                4.81
Utilities                                                                 1.43

Total                                                                      100




Top Ten Holdings                                                              %

Cousins                                                                    2.63
Pride International                                                        2.38
Freds                                                                      2.27
LKQ Corporation                                                            2.25
Republic Services                                                          2.24
Bankunited Financial                                                       2.22
Conns Inc                                                                  2.22
Kirby Corp                                                                 2.05
Lithia Motors                                                              2.04
SCP Pool                                                                   2.03

Effective Gearing                                                             0%


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