Sector/Geographical Breakdown

Fleming Japanese Inv Trust PLC
10 December 2001



SECTOR/GEOGRAPHIC BREAKDOWNS BY % AND TEN LARGEST INVESTMENTS, November 2001

THE FLEMING JAPANESE INVESTMENT TRUST plc

                                                                         %
BY SECTOR

Processing                                                                   43
Consumer Goods                                                               15
Basic                                                                         8
Assets/Liabilities                                                            9
Assets                                                                       14
Financials                                                                    8
Investment Trusts                                                             3

Total                                                                       100


BY TERRITORY                                                             %

Japan                                                                        89
Assets/Liabilities                                                            9
United Kingdom                                                                2

Total                                                                       100


TEN LARGEST INVESTMENTS

NTT Domoco                                                                  4.0
Kaneka                                                                      1.5
Toyota Motor                                                                3.3
Takeda Chemical                                                             3.0
Matsushita Electrical Industrial                                            1.5
Amano                                                                       2.0
Fleming Japan Smaller Companies                                             2.1
Cannon                                                                      3.1
Sony                                                                        1.7
Matsushita Electrical Works                                                 1.6

Total                                                                      23.8