Asset Analysis

Fleming Japanese Inv Trust PLC
29 June 2001



ASSET ANALYSIS AS AT 28th JUNE 2001

THE FLEMING JAPANESE INVESTMENT TRUST plc

                                                      % funds as at 28/6/01
UK                                                                           15
Japan 1st section                                                            78
Japan 2nd section                                                             0
Japan OTC/regional                                                           -7
Japan bonds                                                                   0
Cash and non Japanese fixed interest                                         14
                                                                            100