Holding(s) in Company

F&C Smaller Companies PLC
01 December 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

Deutsche Bank AG


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

In respect of the shareholder named 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

Not specified

5) Number of shares/amount of stock acquired

Not specified

6) Percentage of issued class

Not specified

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

Not Specified

11) Date company informed

1 December 2003

12) Total holding following this notification

3,540,000

13) Total percentage holding of issued class following this notification

4.10%

14) Any additional information



15) Name of contact and telephone number for queries

David Fallon

Tel: [phone]

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

David Fallon
For and on behalf of F&C Management Limited


Date of notification

1 December 2003


                      This information is provided by RNS
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