Purchase of Own Securities

FLEMING CLAVERHOUSE INVESTMENT TRUST PLC
30 September 1999


     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

The  Fleming  Claverhouse Investment Trust plc  announces
that  today in the market they purchased for cancellation
20,000  ordinary shares at 418.0p per share  representing
0.03% of the ordinary shares in issue.

The remaining shares in issue following this purchase  is
62,744,590


For further information, please contact:

Jonathan Latter  (Company Secretary)
Caroline Henry (Assistant Company Secretary)
Fleming     Investment    Trust    Management     Limited
0171 880 3408


Deutsche Bank AG - Stockbrokers to the Compan....  0171 547 1698
Michael Ward