Net Asset Value(s)

F&C U.S. Smaller Companies PLC
10 November 2005


                                                                                      10-Nov-05


Below is shown the net asset value per share for
F&C US Smaller Companies PLC at                               09-Nov-05

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

F&C US Smaller Companies PLC
(Prior charges at book value excluding income)                                           313.80

F&C US Smaller Companies PLC
(Prior charges at book value cum income)                                                 313.55





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