Asset Analysis

Fleming Japanese Smaller Cos IT PLC
4 May 2001


ASSET ANALYSIS AS AT 30th APRIL 2001



THE FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST plc

                                                        % funds as at 30/4/01
UK                                                                          0
Japan 1st section                                                          58
Japan 2nd section                                                           1
Japan OTC/regional                                                         17
Japan bonds                                                                 0
Cash and non Japanese fixed interest                                       24
                                                                          100