Result of EGM & Tender Price

F&C Smaller Companies PLC
09 December 2005

9 December 2005



F&C Smaller Companies PLC (the 'Company')



Announcement of results of EGM and Tender Price



At an Extraordinary General Meeting of the Company held today, resolutions were
proposed to grant authority for the Company to repurchase up to 14.99 per cent.
of its own Shares following completion of the Tender Offer, sanction the Tender
Offer and approve the change to the Company's name from F&C Smaller Companies
PLC to F&C Global Smaller Companies PLC. Each of these resolutions was duly
passed. The Company's shares will continue to trade under the code 'FCS'. Terms
used in this announcement shall have the meanings given to them in the Circular
to shareholders dated 14 November 2005 (the 'Circular').



It was announced on the 8 December that a total of 38,152,452 Shares
(representing approximately 45.19% of the issued share capital of the Company)
have been validly tendered under the Tender Offer, whose terms were set out in
the Circular.



The Board announces that the Tender NAV at the Calculation Date was 380.8741
pence per Share.  Accordingly the Tender Price is 361.83 pence per Share, which
represents 95 per cent of the Tender NAV. The Tender Offer has now been
completed with a total of 29,548,758 shares repurchased by the Company for
cancellation. Following settlement of the Tender Offer, which is expected to be
made on 14 December 2005, 54,876,324 Shares will be in issue.



The Board confirms that it intends that the share buyback powers granted at the
Extraordinary General Meeting held today will be used actively so as to ensure
that, as far as possible the discount level remains close to the level at which
the Tender Offer was conducted.



The Company will file with the UK Listing Authority a copy of the resolutions
passed at today's meeting shortly.  These will be available through the Document
Viewing Facility which is situated at:



Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel. [phone]



Enquiries:


Peter Ewins                                                   0207 628 8000
F&C Asset Management plc


Angus Gordon Lennox                                           020 7588 2828
JPMorgan Cazenove Limited






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