Month End Portfolio Info

F&C Smaller Companies PLC
10 February 2005

F&C Smaller Companies PLC

ALL DATA AS AT 31st January 2005

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, www.fandc.com
FROM APPROXIMATELY 18th February 2005



Geographical Allocation   %



UK                   45

USA                  22

Japan                12

Cont Europe         10

Far East             7

Cash & FI            4







Total                              100




Top Ten Holdings                          %

Infratil                                  1.05
CLS Holdings                              0.93
Capital and Regional                      0.88
First Calgary Petroleums                  0.87
BSS Group                                 0.84
Victrex                                   0.81
Utilico Investment Trust                  0.76
Lamberth Howarth Group                    0.75
Meggitt                                   0.74
Graphite Enterprise Trust                 0.74


Effective Gearing                            5%
















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