Portfolio Update

F&C Global Smaller Companies PLC
02 February 2006


F&C Global Smaller Companies PLC

Top ten holdings and all holdings over 5% of gross assets as at 31 January 2006:

Company                                              % of gross assets

Bank of Cyprus                                                   0.9
Aveva Group                                                      0.8
Detica Group                                                     0.8
Showa Aircraft Industry                                          0.8
Kingspan Group                                                   0.7
Neochimiki L.V. Lavrentiadis                                     0.7
Cousins Properties                                               0.7
March Networks                                                   0.7
Olam International                                               0.7
CLS Holdings                                                     0.7




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