GSC Gs Chain Plc

RNS No 8996v
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
9th December 1998

Letter to: Company Announcements Office

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values
of the German Smaller Companies Investment Trust plc at 4th December 1998:

Undiluted NAV                 153.18 pence per unit
Diluted NAV                   149.12 pence per unit

Letter from: German Smaller Companies Investment Trust plc

END


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