GSC Gs Chain Plc

RNS No 0366v
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
16 June 1999

LETTER TO GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC

SECTION 198/200

Pursuant to Sections 198 and 200 of the Companies Act 1985 (as amended) please
note the following:

SG Securities (London) Ltd ("SGSL") hereby gives notification of an increase of
its holding in the relevant share capital of German Smaller Companies Investment
Trust PLC from the last reported 9.20% to 11.09%.  (This is a share holding of 
4,395,000 of issued share capital of 39,629,000).
This interest is wholly that of SGSL, as principal (as per section 208(5).

FROM SG SECURITIES (LONDON) LTD

END

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