Transaction in Own Shares

F&C Global Smaller Companies PLC
23 November 2007

23 November 2007


F&C GLOBAL SMALLER COMPANIES PLC

TRANSACTION IN OWN SHARES


The Board of F&C Global Smaller Companies PLC ('the Company') announces that on
23 November 2007 the Company purchased for cancellation 25,000 ordinary shares
of 25p each at a price of 386p per share.


Therefore, the total number of voting rights in the Company is 44,898,781.

The above figure (44,898,781) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.


Name of contact and telephone number for enquiries:


Debbie Fish

For and on behalf of F&C Management Limited, Secretary

Telephone: [phone]



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