Purchase of Own Securities

Foreign & Colonial U.S.Smllr.Co PLC
1 March 2000


FOREIGN & COLONIAL U.S. SMALLER COMPANIES PLC

On 1st March 2000 Foreign & Colonial U.S. Smaller Companies PLC purchased for
cancellation 40,000 ordinary shares in the market at a price of 194p per share.

Following this purchase, the total number of ordinary shares in issue stands at
34,720,883.