RNS No 0129h
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
7th October 1998

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 2nd October 1998:-

Undiluted NAV                 131.40 pence per share
Diluted NAV                   131.16 pence per share

END

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