Sector/Geographical Breakdown

Fleming American Inv Trust PLC
10 December 2001



SECTOR/GEOGRAPHIC BREAKDOWNS BY % AND TEN LARGEST INVESTMENTS, November 2001



THE FLEMING AMERICAN INVESTMENT TRUST plc

                                                                         %
BY SECTOR

Financials                                                                   25
Non-cyclical consumer goods                                                  16
General Industrials                                                          13
Cyclical Services                                                            14
Information technology                                                       10
Non-cyclical services                                                         7
Assets/liabilities                                                            3
Resources                                                                     6
Utilities                                                                     3
Cyclical consumer goods                                                       2
Basic industrials                                                             1
Total                                                                       100


BY TERRITORY                                                             %


North America                                                                91
Assets/Liabilities                                                            6
United Kingdom                                                                3

Total                                                                       100


TEN LARGEST INVESTMENTS

Fleming Flagship US Discovery Fund                                          3.2
Citigroup                                                                   2.8
Microsoft                                                                   2.9
Exxon Mobil                                                                 2.1
Pfizer                                                                      2.4
American International                                                      1.7
IBM                                                                         2.2
General Electric                                                            2.6
Fleming US Dicovery Fund                                                    1.9
Merck & Company                                                             1.7
                                                                           23.5