Purchase of Own Securities

Fleming Japanese Inv Trust PLC
25 October 2001





                         STOCK EXCHANGE ANNOUNCEMENT


                  THE FLEMING JAPANESE INVESTMENT TRUST PLC

                REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The Fleming Japanese Investment Trust plc announces that yesterday in the
market they purchased for cancellation 375,000 ordinary shares at 202.6p per
share representing 0.002% of the ordinary shares in issue.



The remaining shares in issue following this repurchase total 195,471,919.



25th October 2001



For further information, please contact:



Fraser Easton (Company Secretary)
J.P. Morgan Fleming Asset Management (UK) Limited, 020 7742 23425



Tom Durie
HSBC Securities - Stockbrokers to the Company, 020 7336 2004