Sector/Geographical Breakdown

Fleming American Inv Trust PLC
9 April 2002


SECTOR/GEOGRAPHIC BREAKDOWNS BY % AND TEN LARGEST INVESTMENTS, March 2002

THE FLEMING AMERICAN INVESTMENT TRUST plc

                                                                       %
BY SECTOR

Financials                                                           23.8
Non-cyclical consumer goods                                          15.9
General Industrials                                                  11.3
Cyclical Services                                                    13.8
Information technology                                                9.7
Non-cyclical services                                                 5.0
Assets/liabilities                                                    8.2
Resources                                                             6.6
Utilities                                                             2.9
Cyclical consumer goods                                               1.8
Basic industrials                                                     1.0
Total                                                               100.0


BY TERRITORY                                                           %

North America                                                        88.0
United Kingdom                                                        0.2
Assets/Liabilities                                                    8.2
European Funds                                                        3.6
                                                                
Total                                                                 100


TEN LARGEST INVESTMENTS

JPMF American Micro Cap Fund                                          3.4
Citigroup                                                             2.9
Microsoft                                                             2.7
Pfizer                                                                2.6
General Electric                                                      2.5
Exon Mobil                                                            2.4
IBM                                                                   2.0
American International                                                1.8
Fleming US Dicovery Fund                                              1.8
Verizon                                                               1.4
                                                                     23.5


                      This information is provided by RNS
            The company news service from the London Stock Exchange