Purchase of Own Securities

FLEMING INDIAN INVESTMENT TRUST PLC
7 September 1999


THE FLEMING INDIAN INVESTMENT TRUST PLC REPURCHASE
OF ORDINARY SHARES FOR CANCELLATION

The  Fleming  Indian Investment Trust plc announces
that today  in  the  market  they purchased  for
cancellation 500,000  ordinary shares at 62.25p per
share representing 0.59% of the ordinary shares in
issue.
The number of shares repurchased to  date  now
totals 8,100,000  representing 8.78% of the ordinary
shares  in issue  at  the  time  of commencement of
the  repurchase programme.

The remaining shares in issue following this
announcement is 84,126,392

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