RNS No 8563j
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
26 May 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 21 May 1999:-

Undiluted NAV                               170.88 pence per unit
Diluted NAV                                 163.72 pence per unit

END

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