Final Results

FLEMING EMERGING MARKETS INVESTMENT TRUST PLC
16 September 1999


           THE FLEMING EMERGING MARKETS INVESTMENT TRUST PLC
          UNAUDITED FIGURES FOR THE YEAR ENDED 30TH JUNE 1999

                                        1999      1998

                                       £'000     £'000
REVENUE

Income

     Franked dividends                      -       37
     Overseas dividends                 3,038    3,846
     Overseas interest                      -        2
     Scrip dividends                      105      330
     Deposit interest                     338      119
     Stock lending fees                    30       37
                                        _____    _____
Gross Revenue                           3,511    4,371

Less Management fee                     1,922    2,792
     Other administrative expenses        278      345
     Interest payable                   1,556    1,574
                                       ______    _____
Return before Taxation                  (245)    (340)

Less Taxation                             215       58
                                        _____    _____
Return available to ordinary shareholders(460)   (398)
                                         ====     ====

CAPITAL


Return before taxation                 25,926 (59,959)

     Taxation                               -     (30)
                                       ______   ______
Return available to ordinary           25,926 (59,989)
shareholders                            =====    =====

Revenue return per ordinary share    (0.48) p   (0.41) p
Capital return per ordinary share     27.07 p  (61.95) p
Total return per ordinary share       26.59 p  (62.36) p


At 30 June 1999

Total Net Assets (£'000)              144,137  125,528
Net Asset Value per Ordinary Share 
              - Undiluted               151.8 p  129.6 p
Net Asset Value per Ordinary Share 
              - Fully-diluted           151.8 p  125.3 p

The above financial information does not constitute statutory accounts
as  defined in Section 240 of the Companies Act 1985.  The comparative
financial information is based on the statutory accounts for the  year
ended  30th June 1998. These accounts, upon which the auditors  issued
an  unqualified  opinion,  have been delivered  to  the  Registrar  of
Companies.