Final Results - Year Ended 30 September 1999

Fleming Indian Investment Trust PLC
1 December 1999


Unaudited results - year to 30th September 1999


The  Directors  have today announced the unaudited
final results for the year to 30th September 1999.

The  unaudited net asset value (NAV) per share as at
30th September 1999 was 84.8p per share, compared
with an  NAV of  48p  as  at 30th September 1998.
This represents  an increase   in   net   asset
value  of  76.7%, strongly
outperforming the Company's benchmark, the  Bombay
Stock Exchange National 100 Index in sterling terms
which  rose by 61%.

As  has been the practice in previous years, no
dividend has been declared by the directors.

The  annual report will be available from  17th
December 1999  and  the  Annual General Meeting will
be  held  on Wednesday 26th January 2000.



Linda  Field  0171   880 3426
Fleming Investment Trust Management Limited




THE FLEMING INDIAN INVESTMENT TRUST PLC
UNAUDITED FIGURES FOR THE YEAR ENDED 30TH SEPTEMBER
1999
                          1999            1998
                          £'000          £'000
REVENUE

Income

Overseas dividends          757            621
Overseas interest            59             85
Deposit interest             35             59
                            _____        _____
Gross Return                851            765

Less Management fee         620            677
Other administrative
expenses                    428            398
Interest payable            124             10
                            ______       _____
Return before Taxation     (321)          (320)

Less Taxation                 2              1
                           _____         _____
                                         
Return available to ordinary
shareholders               (319)          (319)
                           =====          ====
                                        
CAPITAL


Return available to ordinary
shareholders             31,056        (10,693)
                         =====           =====
                                        
Dividends per ordinary
share                      nil            nil

Revenue return per ordinary
share                      (0.36)p      (0.35)p
Capital return per ordinary
share                       34.74p     (11.59)p
Total return per ordinary
share                       34.38p     (11.94)p



At 30th September 1999

Total Net Assets (£'000)  69,566       44,255

Net Asset Value per Ordinary
Share                     84.8p         48.0p





The  above  financial  information  does  not
constitute statutory  accounts  as defined in
Section  240  of  the Companies Act 1985.

FLEMING INVESTMENT TRUST MANAGEMENT LIMITED