RNS No 3184q
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
30 September 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 24 September 1999:-

Undiluted NAV                 164.14 pence per unit
Diluted NAV                   158.23 pence per unit

END

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