GSC Gs Chain Plc

RNS No 3284b
GERMAN SMALLER COMPANIES INVESTMENT TRUST 
1st June 1998

LETTER TO:    GERMAN SMALLER COMPANIES INVESTMENT TRUST

In compliance with Section 198 of The Companies Act I am writing to advise you
that I have, today, been informed of a change to the interests previously
notified to you. R&R Nominees, Tudor Nominees and Bell Nominees, subsidiary
companies of Henderson Crosthwaite Limited, a member company of this Group, hold
the following Ordinary 50p shares on behalf of clients. This holding amounts to
5.17% of the shares in issue.

Bell Nominees          2,106,850
R&R Nominees               3,000
Tudor Nominees             2,400

FROM:        LESLEY SMITH (MRS)
             GUINNESS MAHON HOLDINGS PLC

END


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