RNS No 8089a
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
17th November 1998


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 13th November 1998:-

Undiluted NAV                           147.15 pence per unit

Diluted NAV                             144.15 pence per unit


END

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