RNS No 6947q
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
30th September 1998



Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 25th September 1998:-

Undiluted NAV                           145.28 pence per unit
Diluted   NAV                           142.62 pence per unit


END

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