Ten Largest Investments

Fleming Japanese Inv Trust PLC
9 May 2000

Japanese                                
                                        
Ten Largest Investments                 
As at 30/04/00                          
Company                        % of Total
                                  Assets
                                        
                                        
NTT Mobile Comms                     6.4
Sony Corp                            4.0
Softbank                             2.8
Rohm                                 2.6
Fleming Japan Smaller                2.5
Companies
Trend Micro                          2.5
Ryohin Keikaku                       2.1
Yahoo Japan                          1.9
Conon                                1.9
Sumitomo Bakelite                    1.9
                                        
                                   28.4%
                                        

Sector & Geographical           %Breakdown
                                        
                                        
Processing                          54.0
Financials                          15.0
Consumer Goods                       8.0
Assets                               8.0
Assets / Liabilities                 8.0
Basic                                6.0
Investment Trusts                    1.0
Total                              100.0
                                        
Japan                               89.0
Assets / Liabilities                 8.0
United Kingdom                       3.0
Total                              100.0