RNS No 2135n
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
3rd November 1998


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

Undiluted NAV                 145.81 pence per unit
Diluted NAV                   143.04 pence per unit

END

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