RNS No 0131c
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
6th October 1998



To: Company Announcements Office

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 30th September 1998:-

Undiluted NAV                 143.05 pence per unit
Diluted NAV                   140.77 pence per unit

From:  Uner Nabi
       Hill Samuel Asset Management

END


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