Net Asset Value(s)

F&C Global Smaller Companies PLC
16 May 2006


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               15 May 2006       were:



Net assets per ordinary share (prior charges at market value) - ex income           438.31 pence

Net assets per ordinary share (prior charges at market value) - cum income          444.12 pence


Net assets per ordinary share (prior charges at nominal value) - ex income          445.67 pence

Net assets per ordinary share (prior charges at nominal value) - cum income         451.49 pence





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