RNS No 2626m
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
16th October 1997

Hill Samuel Asset Management Limited announces that the unaudited Net Asset
Value of the German Smaller Companies Investment Trust plc at 10th Octo 1997
was:-

Undiluted NAV                           132.3 pence per 25p share
Diluted NAV                             131.9 pence per 25p share

END

NAVOCACPQDDDBKD


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