RNS Number:3937U
F&C Smaller Companies PLC
19 January 2004


The Stock Exchange
RNS
Old Broad Street
London
EC2N 1HP
                                                                                    19-Jan-04
Dear Sir
Below is shown the net asset value per share for F&C US Smaller
Companies PLC at               16-Jan-04
NAV per share in # sterling with prior charges at nominal value
                                                                                        pence
F&C US Smaller Companies PLC
(Prior charges at book value excluding income)                                         239.63


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