Asset Analysis

Fleming Japanese Inv Trust PLC
5 December 2001



ASSET ANALYSIS AS AT 30th November 2001


THE FLEMING JAPANESE INVESTMENT TRUST plc

                                                         % funds as at 30/11/01
UK                                                                            2
Japan 1st section                                                            84
Japan 2nd section                                                             1
Japan OTC/regional                                                            3
Japan bonds                                                                   0
Cash and non Japanese fixed interest                                         10
                                                                            100