Final Results

Fleming Indian Investment Trust PLC
7 December 2000

     The Fleming Indian Investment Trust plc

                        

                        

London, 6th December 2000




Unaudited results - year to 30th September 2000




The Directors have today announced the unaudited
final results for the year to 30th September
2000.


The unaudited net asset value (NAV) per share as
at 30th September 2000 was 103.4p per share,
compared with an NAV of 84.8p as at 30th
September 1999.  This represents an increase in
net asset value of 21.9% strongly outperforming
the Company's benchmark, the Bombay Stock
Exchange National 100 Index in sterling terms,
which fell by 1.1%.

As has been the practice in previous years, no
dividend has been declared by the directors.

The annual report will be available from 17th
December 2000 and the Annual General Meeting will
be held on Wednesday 31st January 2001.



Linda Field           020 7742 3426
Chase Fleming Asset Management Limited
                     
                        
                       
                        
THE FLEMING INDIAN INVESTMENT TRUST PLC
UNAUDITED CONSOLIDATED FIGURES FOR THE YEAR ENDED
30TH SEPTEMBER 2000


                       2000             1999

                       £'000           £'000

REVENUE

Income
   Overseas dividends    876              757
   Overseas interest     159               59
   Deposit interest      163               35


Gross Revenue          1,198              851

Less:Management fee    1,121              620
     Other admin-
     istrative expenses  569              428
     Interest payable    416              124


Return before Taxation  (908)            (321)

Less Taxation              -               (2)
                       _______         ______
Transfer to reserves    (908)            (319)
                        =====           =====

                        2000            1999

                       £'000           £'000

CAPITAL
Return attributable
to ord shareholders    15,808          31,056
                        =====           =====



Revenue return per
ord share             (1.12)p         (0.36)p

Capital return per
ord share             19.52p          34.74 p
Total return per ord  18.40p          34.38p
share





THE FLEMING INDIAN INVESTMENT TRUST
PLC UNAUDITED CONSOLIDATED FIGURES FOR THE
YEAR ENDED 30TH SEPTEMBER 2000

BALANCE SHEET
                               2000     1999
                              £'000    £'000

Investments at valuation     73,925    73,267

Debtors                       1,407     1,081

Cash and short term deposits  8,956     2,646

Creditors: amounts falling
due within one year          (2,432)   (7,428)

Total net assets             81,856   69,566
                              =====    =====

Net asset value per ord share 103.4p   84.8p



CASH FLOW STATEMENT
                               2000    1999

                              £'000    £'000

Net cash outflow from
operating activities           (414)    (428)

Net cash outflow from
servicing of finance           (378)    (123)

Total tax recovered              28        1

Net cash inflow from
capital expenditure
and financial investment     14,122    3,014

Net cash outflow from
financing                    (6,845)    (836)

Increase in cash for the year 6,513     1,628


The above financial information does not
constitute statutory accounts as defined in
Section 240 of the Companies Act 1985


CHASE FLEMING  ASSET MANAGEMENT (UK) LIMITED


6th December 2000