Report & Accounts Half Year

F&C U.S. Smaller Companies PLC
29 March 2004

F&C US Smaller Companies PLC

Report and Accounts for the Half Year Ended 31st December 2003


Copies of the above documents have been submitted to the UK Listing Authority,
and will shortly be available for inspection 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]


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