Month End Portfolio Info

F&C Smaller Companies PLC
18 June 2002

F&C SMALLER COMPANIES PLC

ALL DATA AS AT 31st May 2002

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.co.uk 
FROM APPROXIMATELY 18TH June 2002

GEOGRAPHICAL ASSET ALLOCATION                                        %

UK                                                                  39
USA                                                                 23
Europe                                                              12
Japan                                                               10
Cash & Fixed Interest                                               10
Far East                                                             6
                                                                  ----
Total                                                              100
                                                                  ====

TOP 10 HOLDINGS                                                      %

Cairn Energy                                                      1.25
CLS Holdings                                                      1.24
BSS Group                                                         1.17
Harte-Hanks                                                       1.07
Cousins Properties                                                0.92
Reliance Security Group                                           0.90
Graphite Enterprise                                               0.84
T&S Stores                                                        0.80
SCP Pool                                                          0.80
Crest Nicholson                                                   0.79
                                                                  ----
Total                                                             9.78
                                                                  ====
EFFECTIVE GEARING                                                   2%



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