Portfolio Update

F&C Global Smaller Companies PLC
02 August 2006

As at 31 July 2006, F&C Global Smaller Companies PLC had the following holding
in other UK listed investment companies that do not have a stated policy to
invest no more than 15% of their gross assets in other UK listed investment
companies:




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

Utilico Investment Trust plc     0.81%








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