Holding in Company

Fleming Indian Investment Trust PLC
4 October 2000



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE FLEMING INDIAN INVESTMENT TRUST PLC



2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ROBERT FLEMING HOLDINGS LTD         8,739,700



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.

FLEMING INVESTMENT MGT LTD          7,204,050
FLEMING PRIVATE ASSET MGT LTD       1,085,650
ROBERT FLEMING & CO LTD               450,000


5)   Number of shares/amount of stock acquired.

NOT STATED


6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed

NOT STATED


8)   ( N/A %) of issued Class


9)   Class of security

ORDINARY SHARES OF 25P


10)  Date of transaction

NOT STATED


11)  Date company informed

03-OCT-00


12)  Total holding following this notification

8,739,700

               
              
13)  Total percentage holding of issued class following this notification

11.04%


14)  Any additional information



15)  Name of contact and telephone number for queries

FRASER EASTON  020 7880 3425


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

     Date of Notification ... 04 OCTOBER 2000 .....