Purchase of Own Securities

Fleming Chinese Investment Trust PLC
8 November 1999
                            
                            
     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The  Fleming Chinese Investment Trust plc announces  that
today  in  the  market  they purchased  for  cancellation
300,000  ordinary shares at 46.0p per share  representing
a total of 0.49% of the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
345,000  representing  0.57% of the  ordinary  shares  in
issue  at  the  time  of commencement of  the  repurchase
programme.

The  remaining  number of shares in issue following  this
purchase is 60,135,840.

8th November 1999

For further information, please contact:

Liz Hayman  0171-3431-3425
Caroline Henry (Assistant Company Secretary)
Fleming     Investment    Trust    Management     Limited
0171 638 3425

Howard Myles
Warburg Dillon Read - Stockbrokers to the
Company.......0171 567 8000