RNS No 3167j
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
14th October 1998


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 9th October 1998:

Undiluted NAV                   128.58 pence per unit
Diluted NAV                     128.83 pence per unit


END

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