Asset Analysis

Fleming Smaller Co's Inv. Trust PLC
5 September 2001


ASSET ANALYSIS AS AT 31st August 2001


THE FLEMING SMALLER COMPANIES INVESTMENT TRUST plc
                                                          % funds as at 31/8/01
UK FTSE 100                                                                   0
UK FTSE 250 (excluding IC's)                                                 18
FTSE Small Cap (excluding IC's)                                              78
IC income and capital shares                                                  0
Other IC's                                                                    0
International equities                                                        0
Cash equivalents                                                              4
                                                                            100