RNS No 8782p
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
6 May 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 30 April 1999:-

Undiluted NAV                 172.37 pence per unit
Diluted NAV                   164.95 pence per unit

END          

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