Interim Dividend

Foreign & Colonial Smaller Co's PLC
21 December 1999

INTERIM DIVIDEND
SECURITY TITLE
*Ord Shs
MNEMONIC CODE         *FCS
SEDOL CODE            *017-505
DIVIDEND AMOUNT       *1.25p
PERIOD                *Half Year to 31-10-99
PROVISIONAL EX DATE   *29-12-99
RECORD DATE           *06-01-00
PAYMENT DATE          *01-02-00
NOTES *