Month End Portfolio Info

F&C Smaller Companies PLC
18 October 2004


F&C Smaller Companies PLC

ALL DATA AS AT 30th September 2004

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, www.fandc.com
FROM APPROXIMATELY 18th October 2004


Geographic Allocation                                                         %

UK                                                                           45
USA                                                                          24
Continental Europe                                                            8
Other Pacific                                                                 7
Japan                                                                        10
Other                                                                         -
Cash & Fixed Interest                                                         6

Total                                                                       100


Top Ten Holdings                                                              %

Cairn Energy                                                               1.78
Graphite Enterprise Tst                                                    1.05
Infratil Limited                                                           1.03
CLS                                                                        0.89
Hardman Resources                                                          0.89
Sondex                                                                     0.85
Capital and Regional Plc                                                   0.80
BSS Group                                                                  0.77
Lambert Howarth Group                                                      0.77
Meggitt Plc                                                                0.76

Effective Gearing                                                            4%




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