RNS No 4982a
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
10th November 1998


TO:  COMPANY ANNOUNCEMENTS OFFICE

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 6th November 1998:-

Undiluted NAV       152.78 pence per unit
Diluted NAV         148.79 pence per unit

FROM:  HILL SAMUEL ASSET MANAGEMENT LTD

END

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