RNS No 7552a
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
6 May 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 30 April 1999.

Undiluted NAV                 172.37 pence per unit
Diluted NAV                   164.95 pence per unit


END

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