RNS No 7444m
GOVETT INVESTMENT TRUSTS
30th June 1997


DAILY NAV MOVEMENT REPORT


                                             TRUST                    NAV at
                                                                      27-06-97

Govett Asian Smaller Co Investment           GASCIT                   US$ 4.998
                                             GASCIT                     # 3.007
                                             GASCIT (DILUTED)         US$ 4.627
                                             GASCIT (DILUTED)           # 2.784

Govett American Smaller Co                   GASCOT                      211.40

Govett Oriental Investment                   ORIENTAL                    197.63

Govett Strategic Investment                  STRATEGIC (Consd AITC)      398.93

Govett Emerging Markets Investment           GEMIT                       138.81
                                             GEMIT (DILUTED)             132.36

Govett High Income Investment                GHIT                         92.27
                                             GHIT (DILUTED)               93.56

Govett Global Smaller Companies Investment   GGSCIT                       99.99
                                             GGSCIT (DILUTED)             99.99



END