Sector/Geographical Breakdown

Fleming Eur Fledgeling Inv Tst PLC
13 May 2002



SECTOR/GEOGRAPHIC BREAKDOWNS BY % AND TEN LARGEST INVESTMENTS, April 2002



THE FLEMING EUROPEAN FLEDGELING INVESTMENT TRUST plc

                                                                                    %
BY SECTOR

General Industrials                                                              24.0
Basic Industries                                                                 16.6
Financials                                                                       13.9
Cyclical Services                                                                13.7
Non-Cyclical Consumer Goods                                                      11.6
Information Technology                                                            5.4
Cyclical Consumer Goods                                                           5.0
Non-Cyclical Services                                                             4.8
Assets / Liabilities                                                              3.4
Resources                                                                         1.6
Utilities                                                                           -

Total                                                                             100


BY TERRITORY                                                                        %

Italy                                                                            11.5
Germany                                                                          10.7
France                                                                           10.6
Switzerland                                                                       9.8
Finland                                                                           9.3
Sweden                                                                            7.0
European Funds                                                                    7.0
Holland                                                                           5.1
Spain                                                                             5.1
Norway                                                                            4.7
Denmark                                                                           3.9
Belgium                                                                           3.9
Eire                                                                              3.9
Assets/Liabilities                                                                3.4
Greece                                                                            2.4
Portugal                                                                          1.4
Austria                                                                           0.3


Total                                                                             100


TEN LARGEST INVESTMENTS

Fleming Frontier Euro Discovery Fund                                              7.0
Permasteeli                                                                       1.6
Buzzi Unicem                                                                      1.4
Micronas Semi                                                                     1.4
Rhoen Klinikum                                                                    1.4
Wavecom                                                                           1.4
Coloplast                                                                         1.4
Publigroupe                                                                       1.3
SEB                                                                               1.2
Krones AG                                                                         1.2

Total                                                                            19.3






                      This information is provided by RNS
            The company news service from the London Stock Exchange