Annual Information Update

F&C U.S. Smaller Companies PLC
25 October 2006

                          F&C US Smaller Companies PLC

                           Annual Information Update

Pursuant to the requirements of the Prospectus Rule 5.2, the following
summarises the information that has been published or made available to the
public by the F&C US Smaller Companies PLC ('the Company') from 13 October 2005
to 24 October 2006.

The Company uses the London Stock Exchange RNS service to make announcements to
the market.   Copies of announcements can be obtained from the RNS service using
the following link http://www.londonstockexchange.com/en-gb/pricesnews/
marketnews/.    For Name/Code you can use the Company's short code FSC

Report and Accounts can be inspected at the UK Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel: [phone]

Report and accounts are also available on the F&C website, www.fandc.com, or
from the Company Secretary, F&C Management Limited, Exchange House, Primrose
Street, London EC2A 2NY



NOTES:

•         Notifications of the Company's Net Asset Value are released daily on
the RNS service and are not detailed individually in the list below.

•         Notifications of the Company's ten largest holdings are released each
quarter on the RNS service, under the heading 'portfolio update', and are not
detailed individually in the list below.  Monthly Portfolio Information is also
released providing details on sector allocation and the Company's top ten
Holdings.

•         The Company also has a policy of buying back shares.  As these are
frequent transactions, dates for each transaction have not been stated.

•         Some of the information stated may be out of date at the submission of
this Annual Information Update.


Information published on RNS                                              Date of Publication/Filing

Net Asset Value                                                           daily
Portfolio Update                                                          quarterly
Transactions in own shares                                                Frequent
Month End Portfolio Information                                           at each month end
Annual Information Update                                                 13 October 2005
AGM Resolutions passed                                                    15 November 2005
Interim results                                                           15 March 2006
Interim Report and Accounts for half year ended 31 December 2005          11 April 2006
Holdings in Company - Friends Provident Group                             22 May 2006
Holdings in Company - Friends Provident Group                             1 September 2006
Holdings in Company - Close Wealth Management Limited                     4 September 2006
Final Results                                                             25 September 2006
Report and Accounts 2006 - available for inspection at UKLA document      13 October 2006
viewing facility

Documents filed with the Registrar of Companies

Forms 169 - Stamp duty on Transaction of Shares                           frequent
Signed Annual Report & Accounts                                           16 November 2005
Special Resolutions passed at AGM in 2005                                 16 November 2005
Annual Return                                                             27 January 2006

Printed Publications submitted to the UK Listing Authority's Document
Viewing Facility

Special Resolutions passed at AGM 2005                                     16 November 2005
Report & Accounts for the half year ended 31 December 2005                11 April 2006
Annual Report & Accounts 2006                                             13 October 2006




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