RNS No 6688f
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
2nd October 1997


Hill Samuel Asset Management Limited announces that the unaudited Net Asset
Value of the German Smaller Companies Investment Trust plc as 26th Sept 1997
was:-

Undiluted NAV  133.8  pence per 25p share
Diluted NAV    133.2  pence per 25p share     

END

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