GSC Gs Chain Plc

RNS No 6471v
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
06 August 1999

To: Company Announcements

DISCLOSURE OF INTERESTS IN SHARES
COMPANIES ACT 1985 (AS AMENDED)

The below notification from SG Securities (London) Limited, received today, is
submitted pursuant to paragraph 9.11 of chapter 9 of the listing rules.

The notification does not include the date on which the transaction was
effected.

From: Deborah Saunders
      Company Secretary - German Smaller Companies Investment Trust plc


Letter to: German Smaller Companies Investment Trust PLC 
Dated: 04 August 1999
Section 198/200

Pursuant to Sections 198 and 200 of the Companies Act 1985 (as amended) please
note the following:

SG Securities (London) Ltd ("SGSL") hereby gives notification of an increase of
its holding in the relevant share capital of German Smaller Companies Investment
Trust PLC from the last reported 19.80% to 21.50%. ( This is a share holding of
8,345,000 of issued share capital of 39,629,000).
This interest is wholly that of SGSL, as principal (as per section 208(5)).

FROM: SG Securities (London) Ltd
Contact: Stuart Mclerie  0171 522 1506.

END

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