RNS No 6169u
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC 
30 June 1999

Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 25 June 1999:

Undiluted NAV                 178.89 pence per unit
Diluted NAV                   170.33 pence per unit

END

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