Holding(s) in Company

F&C Smaller Companies PLC
11 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

AXA SA


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 re. 4,822,854 shares
Non-Beneficial re. 1,164 shares

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

Smith & Williamson Nominees Ltd - 40,000 shares

BNY (OCS) nominees - 16,934 shares

Axa Sun Life plc - 4,515,920 shares

HSBC Global Custody Nominees (UK) limited - 251,164 shares

5) Number of shares/amount of stock acquired


6) Percentage of issued class


7) Number of shares/amount of stock disposed

Not Specified

8) Percentage of issued class

N/a

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

Not Specified

11) Date company informed

10 July 2003

12) Total holding following this notification

4,824,018

13) Total percentage holding of issued class following this notification

5.26%

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

Sally Cox
For and on behalf of F&C Management Limited


Date of notification

11 July 2003


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