Monthl End Portfolio Info

F&C Smaller Companies PLC
15 November 2004

F&C Smaller Companies PLC

ALL DATA AS AT 31st October 2004

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


Geographic Allocation                                                         %

UK                                                                           45
USA                                                                          23
Japan                                                                        11
Continental Europe                                                            9
Other Far East                                                                7
Cash & FI                                                                     5

Total                                                                        100




Top Ten Holdings                                                              %

Cairn Energy                                                                1.46
Infratil Ltd                                                                1.00
Graphite Enterprise Tst                                                     0.91
Hardman Resources                                                           0.87
CLS                                                                         0.87
Victrex                                                                     0.79
Capital & Regional Plc                                                      0.79
Cousins                                                                     0.78
BSS Group                                                                   0.76
Sondex                                                                      0.76


Effective Gearing                                                            6%
















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