Holding(s) in Company

F&C Smaller Companies PLC
10 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

F&C Smaller Companies PLC

2) Name of shareholder having a major interest

Legal & General Group Plc


3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Beneficial

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

HSBC Global Custody Nominee (UK) Ltd

5) Number of shares/amount of stock acquired

200,000 ordinary shares

6) Percentage of issued class

0.22%

7) Number of shares/amount of stock disposed

N/a

8) Percentage of issued class

N/a

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

6 February 2003

11) Date company informed

10 February 2003

12) Total holding following this notification

2,968,397

13) Total percentage holding of issued class following this notification

3.2%

14) Any additional information

-

15) Name of contact and telephone number for queries

David Harding

Tel: [phone]

16) Name and signature of authorised company official responsible for
making this notification

David Harding

For and on behalf of F&C Management Limited


Date of notification

10 February 2003


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