EGM Approves Own Share Purchase for Cancellation

Fleming Asian Investment Trust PLC
4 February 2000
                           
               THE FLEMING ASIAN INVESTMENT TRUST plc

                                  
          Resolutions passed at the Annual General Meeting


At  an  Annual  General Meeting of the Company held on Thursday  3rd
February 2000 authority was given by shareholders for the Company to
purchase  up  to 24,524,794 of its own ordinary shares (representing
14.99% of the Company's issued share capital) for cancellation.

Additionally a special resolution was passed amending the Articles
of Association to enable the Company to regain investment company
status.


For and on behalf of the Board
Fleming Investment Trust Management Limited - Secretary


For further information please contact:

Elizabeth Hayman
Pat Smith
Fleming Investment Trust Management Limited...........0171 638 5858