Transaction in Own Shares

F&C Global Smaller Companies PLC
20 January 2006

                        F&C GLOBAL SMALLER COMPANIES PLC

                           TRANSACTION IN OWN SHARES




1) Date of purchase:

20 January 2006

2) Number of Ordinary Shares purchased:

64,921

3) Highest and lowest price paid per share (excluding expenses):

376.1777p

4) The issued share capital of the Company following this buy-back will be:

49,621,860 Ordinary Shares

5) Name and telephone number of contact for queries:

David Fallon
Tel: [phone]

6) Name of authorised Company official responsible for this notification:

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

7) Date of notification

20 January 2006


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