Portfolio Update

F&C Global Smaller Companies PLC
02 February 2007




F&C Global Smaller Companies PLC


Top ten holdings and all holdings over 5% of gross assets as at 31 January 2007:

Company                                                      % of gross assets
                                                            
Aveva Group                                                                1.8
Omega International                                                        1.1
Spice Holdings                                                             1.1
Bank of Cyprus                                                             1.0
Utilico Investment Trust                                                   1.0
Hamworthy                                                                  1.0
Dobbies Garden Centres                                                     0.9
Shore Capital Group                                                        0.8
Detica Group                                                               0.8
Shaftesbury                                                                0.8



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