RNS No 9387f
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
20 April 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 16 April 1999:-

Undiluted NAV                              169.78 pence per unit
Diluted NAV                                162.81 pence per unit

END

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