Purchase of Own Securities

Foreign & Colonial Smaller Co's PLC
9 June 2000

                  FOREIGN & COLONIAL SMALLER COMPANIES PLC

Please note that Foreign & Colonial Smaller Companies Plc has today purchased
for cancellation 135,000 ordinary shares in the market at a price of 268.5p
per share.

Following this purchase, the total number of ordinary shares in issue stands
at 95,936,319.