Final Results

Fleming Japanese Inv Trust PLC
9 November 2000

                                     
              THE FLEMING JAPANESE INVESTMENT TRUST PLC
                                  
                     STOCK EXCHANGE ANNOUNCEMENT
                                  
                                  
Preliminary results for the year to 30th September 2000
                                  
                                  
The   Fleming  Japanese  Investment  Trust   plc   today
announced  its  preliminary results for the  year  ended
30th September 2000.

Over  the period the net asset value per share increased
by  13.3%  compared with a 7.1% increase  in  the  Tokyo
Stock  Exchange 1st Section Index, expressed in Sterling
terms,  which is the Company's benchmark index.   As  at
30th  September 2000, the price of the shares was 330.5p
(1999 : 291.5p) with the discount at which the Company's
shares trade relative to the net asset value being 10.2%
(1999 : 10.3%)


HJ Williams

For and on behalf of
Chase Fleming Asset Management(UK)Limited - Secretary
020 7742 3459


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



                                        2000      1999

                                       £'000     £'000

REVENUE

Income

     Franked dividends                     68      147
     Overseas dividends                 4,426    2,927
     Deposit interest                      29       41
     Stock lending                        338      276
                                        _____    _____
Gross Revenue                           4,861    3,391

Less Management fee                     4,804    2,368
     Other administrative expenses        455      532
     Interest payable                   3,303    2,572
                                       ______    _____
Return before Taxation                (3,701)  (2,081)

Less Taxation                             664      439
                                      _______  _______
Transfer to reserves                  (4,365)  (2,520)
                                      =======    =====



                                       2000      1999

                                       £'000     £'000

CAPITAL
                                      _______  _______
Return attributable to ordinary
shareholders                           88,862  383,299
                                        =====    =====



Revenue return per ordinary share    (2.23) p (1.29) p
Capital return per ordinary share     45.37 p 195.71 p
Total return per ordinary share       43.14 p 194.42 p





              THE FLEMING JAPANESE INVESTMENT TRUST PLC
      UNAUDITED FIGURES FOR THE YEAR ENDED 30TH SEPTEMBER 2000
                                  
                                  
BALANCE SHEET
                                       2000       1999

                                       £'000     £'000


Investments at valuation              872,389  769,285

Debtors                                24,726   44,263

Cash and short term deposits            1,378        -

Creditors: amounts falling due within
one year                             (29,465) (87,071)

Creditors: amounts falling due after
more than one year                  (147,965) (89,911)
                                      _______  _______
Total net assets                      721,063  636,566
                                        =====    =====

Net asset value per ordinary share     368.2p   325.0p




CASH FLOW STATEMENT
                                       2000       1999

                                       £'000     £'000


Net cash outflow from operating
activities                            (1,649)    (424)

Net cash outflow from servicing of
finance                               (3,343)  (2,546)

Total tax recovered                        49      138

Net cash outflow from capital
Expenditure and financial investment  (9,432) (96,618)

Net cash inflow from financing         26,819   43,562
                                        _____    _____
Increase/(decrease) in cash for
the year                               12,444
(55,888)
                                         ====     ====



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