Monthly Portfolio Information

F&C Smaller Companies PLC
13 June 2005


F&C Smaller Companies PLC

ALL DATA AS AT 31st May 2005

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, http://
www.fandc.com/ FROM APPROXIMATELY 18th June 2005


Geographical Allocation                       %

UK                                           42
USA                                          24
Japan                                        13
Europe                                       11
Far East                                      9
Cash & Fixed Interest                         1


Top Ten Holdings                                                              %

Infratil                                                                    1.07
CLS Holdings                                                                0.98
Capital and Regional                                                        0.92
Morgan Sindall                                                              0.85
Victrex                                                                     0.83
Meggitt                                                                     0.76
BSS Group                                                                   0.73
Graphite Enterprise Trust                                                   0.73
Connaught                                                                   0.71
Aveva Group                                                                 0.70

Effective Gearing                                                            8%



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