Purchase of Own Securities

Fleming Japanese Inv Trust PLC
1 March 2002


                          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 250,000 ordinary shares at 177p per share
representing 0.13% of the ordinary shares in issue.

The remaining shares in issue following this repurchase total 188,311,919.


1st March 2002


For further information, please contact:

Fraser Easton (Company Secretary)
J.P. Morgan Fleming Asset Management (UK) Limited, 020 7742 3425

James Moseley
HSBC Securities - Stockbrokers to the Company, 020 7336 2035



                      This information is provided by RNS
            The company news service from the London Stock Exchange