Holding(s) in Company

JP Morgan Fleming Asian Inv Tst PLC
24 September 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

JPMORGAN FLEMING ASIAN INVESTMENT TRUST plc

2)   Name of shareholder having a major interest

BAE SYSTEMS

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


BAE SYSTEMS PENSION FUNDS CIF TRUSTEES LIMITED:  6,025,000
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED:  1,975,000

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

BAE SYSTEMS PENSION FUNDS CIF TRUSTEES LIMITED:  165,000
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED:  85,000

8)   Percentage of issued class

BAE SYSTEMS PENSION FUNDS CIF TRUSTEES LIMITED:  0.10%
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED:  0.05%

9)   Class of security

ORDINARY 10p SHARES


10)  Date of transaction

NOT STATED

11)  Date company informed

18th September 2002

12)  Total holding following this notification

BAE SYSTEMS PENSION FUNDS CIF TRUSTEES LIMITED:  6,025,000
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED:  1,975,000

13)  Total percentage holding of issued class following this notification


BAE SYSTEMS PENSION FUNDS CIF TRUSTEES LIMITED:  3.71%
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED:  1.21%


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

EMMA PEARCE - 020 7742 3453



17)  Date of notification


24th SEPTEMBER 2002

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