Asset Analysis as at 28/2/01

Fleming Japanese Inv Trust PLC
15 March 2001



ASSET ANALYSIS AS AT 28TH FEBRUARY 2001

The Fleming Japanese Investment Trust plc

                                         % of Funds as at 28/02/01

UK                                                               2
Japan 1st Section                                               84
Japan 2nd Section                                                0
Japan OTC/Regional                                               5
Japan Bonds                                                      0
Cash & non Japanese Fixed interest                               9
                                   
                                                               100