RNS No 1683m
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
4th February 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust plc at 31 January 1999:-

Undiluted NAV                 177.90 pence per unit
Diluted NAV                   169.51 pence per unit

END

NAVCCQCBADKDNBK


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