Purchase of Own Securities

FLEMING INDIAN INVESTMENT TRUST PLC
28 September 1999
                            

     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

The Fleming Indian Investment Trust plc announces that on
24th  September  1999  in the market they  purchased  for
cancellation 500,000 ordinary shares at 60.5p  per  share
representing 0.60% of the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
10,225,000 representing 11.08% of the ordinary shares  in
issue  at  the  time  of commencement of  the  repurchase
programme.

The remaining shares in issue following this announcement
is 82,001,392

For further information, please contact:

L.E Field  (Company Secretary)
Caroline Henry (Assistant Company Secretary)
Fleming Investment Trust Management Limited                 0171 880 3426

Michael Findlay
Merrill Lynch International - Stockbrokers to the Company   0171 772 2285