Purchase of Own Securities

Fleming US Discovery Inv Trust PLC
8 March 2000


THE FLEMING US DISCOVERY INVESTMENT TRUST PLC


REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The  Fleming US Discovery Investment Trust plc
announces that  today in the market they purchased
for cancellation 25,000  ordinary shares at 464.0p
per share  representing 0.21% of the ordinary shares
in issue.

The  number  of  shares repurchased to  date  now
totals 790,000  representing  6.29% of the  ordinary
shares  in issue  at  the  time  of commencement of
the  repurchase programme.

The remaining shares in issue following this
purchase  is 11,779,480


7th March 2000

For further information, please contact:

Heather Williams  (Company Secretary)
Caroline Henry (Assistant Company Secretary)
Fleming Investment Trust Management Limited
0171 880 3459

Simon Colson
Deutsche Bank AG - Stockbrokers to the Company... 
0171 547 1693