Purchase of Own Securities

FLEMING INDIAN INVESTMENT TRUST PLC
20 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
450,000  ordinary shares at 60.0p per share  representing
0.53% of the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
8,725,000  representing 9.46% of the ordinary  shares  in
issue  at  the  time  of commencement of  the  repurchase
programme.

The remaining shares in issue following this announcement
is 83,501,392

20th September 1999

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