GSC Gs Chain Plc

RNS No 7804h
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
20th May 1998


Hill Samuel Asset Management Limited announces that the unaudited Net Asset
Values of the German Smaller Companies Investment Trust plc at 15th May 1998
was:-


Undiluted NAV                 163.30 pence per 25p share

Diluted NAV                   155.26 pence per 25p share


David Broadway
Head of Collective Investments Group
                   
END

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