Holding(s) in Company

F&C Smaller Companies PLC
03 July 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

Advance UK Trust 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

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

Nortrust Nominees Limited a/c AUKT

5) Number of shares/amount of stock acquired

100,000 shares


6) Percentage of issued class

0.11%%

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

1 July 2003

11) Date company informed

2 July 2003

12) Total holding following this notification

2,840,000 shares

13) Total percentage holding of issued class following this notification

3.09%

14) Any additional information

-

15) Name of contact and telephone number for queries

Hugh Potter

Tel: [phone]

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

Hugh Potter

For and on behalf of F&C Management Limited


Date of notification

3 July 2003


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