Purchase of Own Securities

Fleming Indian Investment Trust PLC
18 April 2000
          
                            
         THE FLEMING INDIAN INVESTMENT TRUST PLC
                           
     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

The  Fleming  Indian Investment Trust plc announces  that
today in the market it purchased for cancellation 750,000
ordinary shares at 88.0p per share representing 0.92%  of
the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
11,375,000.

The  current  repurchase  authority  for  12,292,008  was
approved  by shareholders on 26th January 2000.  To  date
1,150,000  shares have been repurchased  under  this  new
authority  which represents 1.40% of the ordinary  shares
in issue at the date shareholder approval was granted.

The remaining shares in issue following this announcement
is 80,851,392


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