Asset Analysis as at 28/2/01

Fleming American Inv Trust PLC
15 March 2001



ASSET ANALYSIS AS AT 28TH FEBRUARY 2001

The Fleming American Investment Trust plc

                                         % of funds as at 28/02/01

UK                                                               0
S & P 500                                                       64
Other US Equities                                               29
Other Equities                                                   0
US Bonds/Fixed Interest                                          1
Cash & non fixed interest                                        6

                                                               100