Holding in Company

Fleming Asian Investment Trust PLC 7 February 2001 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company THE FLEMING ASIAN INVESTMENT TRUST plc 2) Name of shareholder having a major interest JP MORGAN CHASE & CO INC 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 IN RESPECT OF SHAREHOLDER IN 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them FLEMING INVESTMENT MANAGEMENT LTD: 3,847,634 FLEMING PRIVATE ASSET MANAGEMENT LTD: 6,898,960 SAVE & PROSPER EQUITY PLAN MANAGERS LTD: 814,538 SAVE & PROSPER GROUP LTD: 10,870,948 5) Number of shares/amount of stock acquired NOT STATED 6) Percentage of issued class NOT STATED 7) Number of shares/amount of stock disposed NOT STATED 8) Percentage of issued class NOT STATED 9) Class of security ORDINARY 25p SHARES 10) Date of transaction NOT STATED 11) Date company informed 6TH FEBRUARY 2001 12) Total holding following this notification 22,432,080 13) Total percentage holding of issued class following this notification 13.70% 14) Any additional information 15) Name of contact and telephone number for queries FRASER EASTON, 020 7742 3425 16) Name of authorised company official responsible for making this notification MARK DEVIN, 020 7742 3406 17) Date of notification 7TH FEBRUARY 2001
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