RNS No 8094x
GOVETT INVESTMENT TRUST
1st July 1997


The following are the unaudited net asset values as at the close of business
on 30th June 1997.



Govett Asian Smaller Investment Trust Ltd.                 $5.004
(undiluted net asset value)                      #3.007


Govett Asian Smaller Investment Trust Ltd.                 $4.632             
(diluted net asset value)                        #2.783


Govett American Smaller Companies Trust Plc                 213.42p


Govett Oriental Investment Trust Plc                        198.09p


Govett Strategic Investment Trust Plc                       396.72p


Govett Emerging Markets Investment Trust Plc                138.95p
(undiluted net asset value)


Govett Emerging Markets Investment Trust Plc                132.47p
(diluted net asset value)


Govett High Income Investment Trust Plc                      91.69p
(undiluted net asset value)


Govett High Income Investment Trust Plc                      93.07p
(diluted net asset value)


Govett Global Smaller Companies Investment Trust Plc         99.02p
(undiluted net asset value)


Govett Global Smaller Companies Investment Trust Plc         99.19p
(diluted net asset value)


END