Purchase of Own Securities

Fleming Overseas Inv Trust PLC
7 March 2000



THE FLEMING OVERSEAS INVESTMENT TRUST PLC


REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The  Fleming Overseas Investment Trust plc announces
that today  in  the  market  they purchased  for
cancellation 91,000  ordinary shares at 577.0p per
share  representing 0.09% of the ordinary shares in
issue.


The  number  of  shares repurchased to  date  now
totals 32,987,401.


The  current  repurchase authority for 16,751,864
shares was approved by shareholders on 26 October
1999.  To date 11,901,000  shares  have  been
repurchased  under   this authority which represents
10.65% of the ordinary  shares in issue as at the
date shareholder approval was granted.


The  remaining shares in issue following this
repurchase is 99,852,599.


6 March 2000


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