Asset Analysis

Fleming Smaller Co's Inv. Trust PLC
6 November 2002


                    ASSET ANALYSIS AS AT 31st October 2002

              THE FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                      % funds as at 31/10/02
UK FTSE 100                                                                0
UK FTSE 250 (excluding IC's)                                              22
FTSE Small Cap (excluding IC's)                                           77
IC income and capital shares                                               0
Other IC's                                                                 0
International equities                                                     0
Cash equivalents                                                           1
                                                                         100


                      This information is provided by RNS
            The company news service from the London Stock Exchange
                   IF