Purchase of Own Securities

Fleming Overseas Investment Trust PLC
24 February 2000



     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The  Fleming Overseas Investment Trust plc announces that
today  in  the  market  they purchased  for  cancellation
60,000  ordinary shares at 556.83p per share representing
0.06% of the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
32,871,401.

The  current  repurchase authority for 16,751,864  shares
was approved by shareholders on 26 October 1999.  To date
11,785,000  shares  have  been  repurchased  under   this
authority which represents 10.56% of the ordinary  shares
in issue as at the date shareholder approval was granted.

The  remaining shares in issue following this  repurchase
is 99,968,599.


For further information, please contact:

Linda Field  (Company Secretary)
Caroline Henry (Assistant Company Secretary)
Fleming Investment Trust Management Limited
............................0171 638 5858

Tom Durie
HSBC Securities - Stockbrokers to the Company.......0171 336 2004