Asset Analysis as at 31/3/01

Fleming US Discovery Inv Trust PLC
5 April 2001


ASSET ANALYSIS AS AT 31st MARCH 2001

THE FLEMING US DISCOVERY INVESTMENT TRUST plc

                                               % funds as at 31/3/01
UK                                                                            0
S&P 500                                                                       0
Other US equities                                                           101
Other equities                                                                0
US bonds                                                                      0
CFI                                                                         (1)
                                                                            100