Net Asset Value(s)

F&C Global Smaller Companies PLC
23 January 2008


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           22 January 2008     were:



Net assets per ordinary share (prior charges at market value) - ex income                    384.52 pence

Net assets per ordinary share (prior charges at market value) - cum income                   386.61 pence


Net assets per ordinary share (prior charges at nominal value) - ex income                   392.03 pence

Net assets per ordinary share (prior charges at nominal value) - cum income                  394.12 pence





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