Purchase of Own Securities

Fleming Overseas Inv Trust PLC
30 June 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 212,000 ordinary shares at 620.68p per
share representing 0.22% of the ordinary shares in
issue.

The  number  of  shares repurchased to  date  now
totals 37,732,401.

The  remaining shares in issue following this
repurchase is 95,107,599.


For further information, please contact:
Linda Field  (Company Secretary)
Fleming Investment Management Limited
020 7638 5858


Tom Durie
HSBC Securities - Stockbrokers to the Company
020 7336 2004