Result of EGM

Fleming Overseas Investment Trust PLC
24 May 2000



Renewal of Authority to Repurchase Own Ordinary Shares

At an Extraordinary General Meeting of the Company held on
Wednesday 24  May 2000 authority was given by shareholders
for the Company  to purchase  up  to 14,340,871 of its own
ordinary shares (representing 14.99%   of    the  Company's
current  issued  share  capital)   for
cancellation.


For and on behalf of the Board
Fleming Investment Trust Management Limited - Secretary


For further information please contact:

Linda Field
Pat Smith
Fleming Investment Trust Management.
Limited...............020 7638 5858


Tom Durie
HSBC - Stockbrokers to the Company
020 7336 2004