RNS No 4672n
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
2nd December 1998



Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 27th November 1998:-

Undiluted NAV                 150.30 pence per unit
Diluted NAV                   146.74 pence per unit


END

NAVFCBCNDDDDDBK


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