Purchase of Own Securities

FLEMING EMERGING MARKET INVESTMENT TRUST PLC
13 October 1999
                            
                                                        
     REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


The   Fleming  Emerging  Markets  Investment  Trust   plc
announces  that  today in the market they  purchased  for
cancellation 75,000 ordinary shares at 109.5p  per  share
representing 0.08% of the ordinary shares in issue.

The  number  of  shares repurchased to  date  now  totals
3,920,000  representing 4.04% of the ordinary  shares  in
issue  at  the  time  of commencement of  the  repurchase
programme.

The remaining shares in issue following this notification
is 92,934,218.


L.E. Field
For and on behalf of
Fleming Investment Trust Management Limited - Secretary


For further information, please contact:

Linda Field
Fleming Investment Trust Management Limited  
0171 638 5858

George Kershaw
Credit Suisse First Boston - Stockbrokers to the Company      
0171 888 0017