RNS No 3597r
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
28 April 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 23 April 1999:-

Undiluted NAV                           168.64 pence per unit
Diluted NAV                             161.87 pence per unit


FROM: Gurmit Harar
      Hill Samuel Asset Management

END

NAVCCFCNNDKDCQB


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