Month End Portfolio Info

F&C Smaller Companies PLC
11 July 2002


F&C SMALLER COMPANIES PLC


ALL DATA AS AT 30th June 2002

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


GEOGRAPHICAL ASSET ALLOCATION                                        %
UK                                                                  39
USA                                                                 22
CASH & FIXED INTEREST                                               11
EUROPE                                                              13
JAPAN                                                                9
FAR EAST & PACIFIC                                                   6
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
Cairn Energy                                                      1.25
CLS Holdings                                                      1.24
Harte-Hanks                                                       1.07
BSS Group                                                         1.04
Reliance Security Group                                           0.95
Cousins Properties                                                0.90
T&S Stores                                                        0.84
Graphite Enterprise                                               0.83
SCP Pool                                                          0.81
Crest Nicholson                                                   0.80
                                                                  ----
Total                                                             9.73
                                                                  ====
EFFECTIVE GEARING                                                   3%



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