RNS No 4376m
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
3rd September 1998


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 28th August 1998:-

Undiluted NAV                           145.64 pence per unit
Diluted NAV                             142.90 pence per unit

END

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