GSC Gs Chain Plc

RNS No 0555k
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
14 October 1999

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 8 October 1999:

Undiluted NAV                 178.97 pence
Diluted NAV                   170.49 pence

END

NAVCCQCNDDDDFKD

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