RNS No 1046f
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
26th August 1998


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values 
of the German Smaller Companies Investment Trust plc at 21st August 1998:

Undiluted NAV                 156.80 pence per unit
Diluted NAV                   152.10 pence per unit


END

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