Portfolio Update

F&C Global Smaller Companies PLC
02 March 2007

As at 28 February 2007, F&C Global Smaller Companies PLC had the following
holding in a UK listed investment company that did not have a stated policy to
invest no more than 15% of its gross assets in other UK listed investment
companies:




Investment Company                                 Holding (% of gross assets at bid market price)

Utilico Investment Trust plc                       1.07%








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