Net Asset Value(s)

F&C U.S. Smaller Companies PLC
13 November 2006


                                                                 13-Nov-06


Below is shown the net asset value per share for
F&C US Smaller Companies PLC at                                  10-Nov-06

NAV per share (at bid market values) in £ sterling with prior charges at nominal 
value:
                                                                     pence

F&C US Smaller Companies PLC
(Prior charges at book value excluding income)                      320.18

F&C US Smaller Companies PLC
(Prior charges at book value cum income)                            319.79






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