Month End Portfolio Info

F&C U.S. Smaller Companies PLC
10 February 2005

F&C US Smaller Companies PLC

ALL DATA AS AT 31st January 2005

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, www.fandc.com
FROM APPROXIMATELY 18th February 2005


Sector Allocation                                                                       %
Consumer Discretionary                                                                31.44
Financial Services                                                                    23.62
Health Care                                                                           12.84
Technology                                                                            7.02
Materials And Processing                                                              6.99
Producer Durables                                                                     6.67
Other Energy                                                                          6.53
Autos And Transportation                                                              3.38
Utilities                                                                             1.51

Total                                                                                  100




Top Ten Holdings                                                                       %

BankUnited Financial                                                                  2.45
Republic Services                                                                     2.42
Freds Inc                                                                             2.38
Pride International                                                                   2.28
Community Health Systems                                                              2.26
Cousins Properties                                                                    2.24
Kirby                                                                                 2.11
Lithia Motors                                                                         2.03
Capitalsource                                                                         2.02
Renal Care Group                                                                      2.01


Effective Gearing                                                                      0%
















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