RNS No 2459k
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
23 June 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 18 June 1999:-

Undiluted NAV                 172.96 pence per unit
Diluted NAV                   165.44 pence per unit

END

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