Interim Results

Fleming Indian Investment Trust PLC
28 June 2000




       THE FLEMING INDIAN INVESTMENT TRUST PLC

Unaudited results - six months to 31st March, 2000



The  Directors have today announced the unaudited
interim results for the six months to 31st March,
2000.

The unaudited net asset value per share as at 31st
March, 2000  was  147.4 pence per share.  This
compares  with  a figure  of  84.8  pence  as  at
30th  September,   1999, representing  an  increase
in net asset value  of  73.8%, compared  with  an
increase of 35.3%  in  the  Company's benchmark
index, the Bombay Stock Exchange National  100 Share
Index.

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

The  unaudited interim report will be published on 3
July 2000  and  copies  will be available from  the
Company's registered office at Finsbury Dials, 20
Finsbury  Street, London, EC2Y 9AQ.



Linda Field
Fleming Investment Trust Management Limited 
0207 880 3426



THE FLEMING INDIAN INVESTMENT TRUST PLC UNAUDITED
FIGURES FOR THE HALF YEAR ENDED 31ST MARCH 2000

                         2000             1999
                        £'000            £'000

REVENUE

Income

Unfranked dividends       195           96
Overseas interest          27           50
Deposit interest           57           17
                         _____        _____
Gross Revenue             279          163

Less Management fee       545          290
Other administrative
expenses                  284          163
Interest payable          226            1
                        ______      _____
Return before Taxation   (776)        (291)

Less Taxation              (1)          (3)
                         _____      _____
Return available to
 ordinary shareholders   (775)       (288)
                         ====        ====


                         2000         1999
                        £'000        £'000
CAPITAL

Return attributable to
                                        
                                        
ordinary shareholders  51,856    16,143
                       ======    ======
                                        
Revenue return per
ordinary share         (0.95) p  (0.31) p Capital
return per
 ordinary share        63.34 p   17.65  p
Total return per


ordinary share         62.39 p   17.34  p



At 31 March 2000

Total Net Assets  (£'000) 120,288   58,972
Net asset value per
ordinary share            147.40 p  65.91 p



THE FLEMING INDIAN INVESTMENT TRUST PLC UNAUDITED
FIGURES FOR THE HALF YEAR ENDED 31ST MARCH 2000



CASH FLOW STATEMENT

                          2000       1999
                         £'000      £'000
Net cash outflow from

operating activities      (516)      (209)

Net cash outflow from
     
returns on investments
     
and servicing of finance  (224)        (1)
     


Total tax recovered         -           1


Net cash (outflow)/inflow
from capital expenditure
and financial investment

                         (1,700)     4,017

Net cash inflow
from financing            1,452     (1,286)
                          _____      _____

(Decrease)/increase
 in cash in the period    (988)      2,522
                          ====        ====



The  above  financial  information  does  not
constitute statutory  accounts  as defined in
Section  240  of  the Companies  Act  1985.
Statutory accounts  for  the  year ended  30th
September 1999 have been  delivered  to  the
Registrar of Companies.

FLEMING INVESTMENT MANAGEMENT LIMITED
28 June 2000