Holding in Company

Fleming Indian Investment Trust PLC
20 October 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE FLEMING INDIAN INVESTMENT TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ROBERT FLEMING HOLDINGS LTD     8,245,800

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.

FLEMING INVESTMENT MANAGEMENT LIMITED     6,660,150
FLEMING PRIVATE ASSET MANAGEMENT LIMITED  1,085,650
ROBERT FLEMING & CO LIMITED                 500,000

5)   Number of shares/amount of stock acquired.

NOT STATED

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

NOT STATED

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 25p

10)  Date of transaction

NOT STATED

11)  Date company informed

19-OCT-00

12)  Total holding following this notification

8,245,800
               
              
13)  Total percentage holding of issued class following this notification

10.41%

14)  Any additional information



15)  Name of contact and telephone number for queries

LINDA FIELD 020 7742 3426

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

     Date of Notification 20-OCT-00............