Purchase of Own Securities

Fleming Chinese Inv Tst PLC
7 August 2001



                         STOCK EXCHANGE ANNOUNCEMENT

                   THE FLEMING CHINESE INVESTMENT TRUST PLC

                REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

The Fleming Chinese Investment Trust plc announces that on Friday 3rd August
in the market they purchased for cancellation 500,000 ordinary shares at 53p
per share  representing a total of 0.85% of the ordinary shares in issue.

The number of shares repurchased to date now totals 2,325,000 representing
3.85% 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 58,136,460.

7th August 2001

For further information, please contact:

Hilary Lowe (Company Secretary)
JP Morgan Fleming Asset Management (UK) Limited, 020 7742 3274

Chris Agar
UBS Warburg - Stockbrokers to the Company 020 7377 1453