Sector/Geographical Breakdown

Fleming Smaller Co's Inv. Trust PLC
9 April 2002


SECTOR/GEOGRAPHIC BREAKDOWNS BY % AND TEN LARGEST INVESTMENTS, March 2002

THE FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                                       %
BY SECTOR

Cyclical Services                                                    31.8
Utilities                                                             1.1
Information Technology                                               11.2
Financials                                                           13.7
Basic Industries                                                     11.0
General Industrials                                                   9.2
Non Cyclical Consumer Goods                                           7.7
Non Cyclical Services                                                 3.3
Resources                                                             4.1
Cyclical Consumer Goods                                               3.5
Assets/Liabilities                                                    3.4
                                                             
Total                                                                 100


BY TERRITORY                                                           %

Untied Kingdom                                                       96.6
Assets/Liabilities                                                    3.4

Total                                                                 100


TEN LARGEST INVESTMENTS

Games Workshop                                                        1.9
John Mowlem                                                           2.0
Future Networks                                                       2.2
Universal Salvage                                                     1.5
Henlys                                                                1.6
Rotork                                                                1.5
Azlan                                                                 1.5
McAlpine (Alfred)                                                     1.5
Speedy Hire                                                           1.4
Hit Entertainment                                                     1.5

Total                                                                16.6



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