RNS No 8124w
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
21 September 1999


Hill Samuel Asset Management Limited announces the unaudited Net Asset Values of
the German Smaller Companies Investment Trust Plc at 17 September 1999:-

Unaudited NAV                 174.19 pence per unit
Diluted NAV                   166.54 pence per unit

END

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