Holding(s) in Company

Fleming Asian Investment Trust PLC
4 February 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

THE FLEMING ASIAN INVESTMENT TRUST plc

2)   Name of shareholder having a major interest

BANK OF ENGLAND

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

IN RESPECT OF SHAREHOLDER IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them


THE SECURITIES MANAGEMENT TRUST LIMITED

5)   Number of shares/amount of stock acquired

500,000

6)   Percentage of issued class

NOT STATED

7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

ORDINARY 25p SHARES


10)  Date of transaction

NOT STATED

11)  Date company informed

4TH   FEBRUARY 2002

12)  Total holding following this notification

6,825,000

13)  Total percentage holding of issued class following this notification


NOT STATED



14)   Any additional information







15)  Name of contact and telephone number for queries

JONATHAN LATTER  0207-742-3408

16)  Name of authorised company official responsible for making this
notification

HELEN WALKER 0207-742-3453



17) Date of notification



4TH   FEBRUARY 2002




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