Holding in Company

Fleming Overseas Inv Trust PLC
20 September 2000



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

FLEMING OVERSEAS INVESTMENT TRUST PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED        2,849,843


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.

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 775245      907,493
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 360509       48,909
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 866203       74,000
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 357206    1,819,441


5)   Number of shares/amount of stock acquired.

NOT STATED


6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed

25,000

8)   ( 0.03 %) of issued Class


9)   Class of security

ORDINARY SHARES OF 25P


10)  Date of transaction

18-SEP-00


11)  Date company informed

19-SEP-00


12)  Total holding following this notification

2,849,843
               
              
13)  Total percentage holding of issued class following this notification

2.99%


14)  Any additional information

THE ABOVE COMPANY NO LONGER HOLDS A NOTIFIABLE INTEREST


15)  Name of contact and telephone number for queries

LINDA FIELD    0207 880 3274


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ... 20 SEPTEMBER 2000 ...