F&C Global Smaller Companies PLC

Issue of equity

On 8 February 2012 F&C Global Smaller Companies PLC ("the Company") allotted 25,000 ordinary shares of 25p each, which rank pari passu with the existing shares in issue, from the Company's general corporate purposes blocklisting facility at a price of 592.5p per share.

Following this issue, the Company has the ability to issue 1,030,049 ordinary shares under its blocklisting facility.

As a result of this allotment, the total number of ordinary shares in issue now stands at 41,075,990 and the total number of voting rights in the Company is 41,075,990.  There are no shares held in treasury.

The above figure (41,075,990) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For F&C Management Limited

Secretary

8 February 2012