Holding in Company

Fleming Eur Fledgeling Inv Tst PLC
7 November 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE FLEMING EUROPEAN FLEDGELING INVESTMENT TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     THE CHASE MANHATTAN CORPORATION

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.

     CHASE FLEMING ASSET MANAGEMENT (UK) LTD               3,390,729
     FLEMING INVESTMENT TRUST MANAGEMENT LTD               4,189,544
     CHASE FLEMING WEALTH MANAGEMENT LTD                     836,437
     SAVE & PROSPER GROUP LTD                              1,925,000

5)   Number of shares/amount of stock acquired.

     NOT STATED

6)   (  %) of issued Class

7)   Number of shares/amount of stock disposed

     NOT STATED

8)   (  %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25P

10)  Date of transaction

     NOT STATED

11)  Date company informed

     03-NOV-00

12)  Total holding following this notification

     10,341,710
               
13)  Total percentage holding of issued class following this notification

     16.87%

14)  Any additional information



15)  Name of contact and telephone number for queries

     JONATHAN LATTER      020 7742 3408

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

     Date of Notification ......06-NOV-00...........