Asset Analysis as at 28/2/01

Fleming US Discovery Inv Trust PLC
15 March 2001



ASSET ANALYSIS AS AT 28TH FEBRUARY 2001

The Fleming US Discovery Investment Trust plc

                                         % of Funds as at 28/02/01

UK                                                               0
S & P 500                                                        0
Other US Equities                                              100
Other Equities                                                   0
US Bonds                                                         0
CFI                                                              0