Net Asset Value(s)

F&C Global Smaller Companies PLC
24 July 2007


F&C Global Smaller Companies PLC (the 'Company')

The unaudited net asset values per share (listed investments at bid value)
of the Company at close of business on                  23 July 2007     were:



Net assets per ordinary share (prior charges at market value) - ex income               507.76 pence

Net assets per ordinary share (prior charges at market value) - cum income              509.07 pence


Net assets per ordinary share (prior charges at nominal value) - ex income              514.35 pence

Net assets per ordinary share (prior charges at nominal value) - cum income             515.66 pence






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