RNS No 7274f
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
10th June 1998


Please make the following announcement as soon as possible:

Hill Samuel Asset Management Limited announces that the unaudited Net Asset
Values of the German Smaller Companies Investment Trust plc at 5th June 1998 was


Undiluted NAV       166.93 pence per 25p share
Diluted NAV         160.57 pence per 25p share

From: David Broadway, Head of Collective Investments Group

END

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