German Smaller Co - Holding by Lloyds TSB Group

RNS No 9308q
GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC
15th June 1998

LETTER TO:   GERMAN SMALLER COMPANIES INVESTMENT TRUST PLC

NOTIFICATION UNDER PART VI OR THE COMPANIES ACT 1985

The attached schedule details the Notifiable interests of Lloyds TSB Group plc
and/or its subsidiaries in the relevant share capital of your company.

We currently have a notifiable interest in 10,009,574 shares, which we 
understand represents 24.572% of that class of your share capital, calculated on
an issued share capital of 40,736,074 ordinary shares.

FROM:       A J MICHIE   
            SECRETARY 
            Lloyds TSB Group plc    


Lloyds TSB Group Notifiable Interest in Shares
Lloyds TSB Companies' 10% Movements Report

Sedol     Company                                 Group     Fund  Registered
Number    Name         Description      Amount    Member    Code  Holder


036963    German Smlr   Ord GBPO.25   4,489,620   HSIM     AA1AA  Lloyds Bank 
          Cos It                                                  S.F. Noms Ltd

                                      1,322,222   HSIM     BH2AA  Talbot Noms
                                                                   Ltd

                                      1,249,938   HSIM     BH3AA  Talbot Noms 
                                                                   Ltd

                                        900,000   HSIM     EG1UT  Lloyds Bank
                                                                   (ID) Noms
                                                                   Ltd

                                        707,836   HSIM     EUGUT  Lloyds Bank 
                                                                   (ID) Noms 
                                                                   Ltd

                                        500,424   HSIM     GG1UT  Lloyds Bank
                                                                   (ID) Noms
                                                                   Ltd

                                        804,378   HSIM     GS1AA  LIM Noms Ltd
                                                                  Account 800122

                                         12,788   HSIMM    PRFUT  LIM Noms Ltd 
                                                                  Account 800112

                                         21,276   LPBL     LPBL   Perry Noms Ltd
                                                                  / Ward Noms
                                                                  Ltd

                                          1,092   LPEP     HSJL   C.O. Noms Ltd

                               Total 10,009,574

END


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