Asset Analysis

Fleming Japanese Inv Trust PLC
5 November 2001



ASSET ANALYSIS AS AT 31st October 2001

THE FLEMING JAPANESE INVESTMENT TRUST plc

                                                     % funds as at 31/10/01
UK                                                                            2
Japan 1st section                                                            86
Japan 2nd section                                                             0
Japan OTC/regional                                                            4
Japan bonds                                                                   0
Cash and non Japanese fixed interest                                          8
                                                                            100