Holding(s) in Company

F&C Smaller Companies PLC
03 September 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

The AEGON UK plc Group of Companies


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

As in 2 above

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

Chase Nominees Ltd

5) Number of shares/amount of stock acquired

6) Percentage of issued class


7) Number of shares/amount of stock disposed

8) Percentage of issued class

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

11) Date company informed

3 September 2003

12) Total holding following this notification

2,750,000 shares

13) Total percentage holding of issued class following this notification

3.03%

14) Any additional information

The notification was made due to a reduction in the issued share capital which
had the effect of increasing the percentage holding of AEGON

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

3 September 2003


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