Purchase of Own Securities

Foreign & Colonial U.S.Smllr.Co PLC
16 June 2000



          FOREIGN & COLONIAL U.S. SMALLER COMPANIES PLC
          -------------------------------------------

Please note that Foreign & Colonial U.S. Smaller Companies PLC purchased today
for cancellation 65,000 ordinary shares in the market at a price of 198p per
share.

Following this purchase, the total number of ordinary shares in issue stands at
33,462,998.