Holding in Company

Fleming Mid Cap Inv Tst PLC
9 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE FLEMING MID CAP INVESTMENT TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     JP MORGAN CHASE & CO

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

      IN RESPECT OF SHAREHOLDER IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

      FLEMING INVESTMENT MANAGEMENT LTD:              1,036,985
      FLEMING INVESTMENT TRUST MANAGEMENT LTD:        4,288,655
      FLEMING PRIVATE ASSET MANAGEMENT LTD:             410,533
      SAVE & PROSPER EQUITY PLAN MANAGERS LTD:        3,405,433
      SAVE & PROSPER GROUP LTD:                       1,415,000

5)   Number of shares/amount of stock acquired.

       NOT STATED

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

       NOT STATED

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY 25P SHARES

10)  Date of transaction

       NOT STATED

11)  Date company informed

       09-JAN-01

12)  Total holding following this notification

       10,556,606
               
              
13)  Total percentage holding of issued class following this notification

       27.36%

14)  Any additional information



15)  Name of contact and telephone number for queries

        HILARY LOWE,  020 7742 3274

16)  Name and signature of authorised company official responsible for 
     making this notification    FOR AND ON BEHALF OF 
                       CHASE FLEMING ASSET MANAGEMENT (UK) LIMITED-SECRETARY

     Date of Notification ...09-JAN-01........