Asset Analysis

Fleming Mercantile Inv Trust PLC
4 May 2001


ASSET ANALYSIS AS AT 30th APRIL 2001



THE FLEMING MERCANTILE INVESTMENT TRUST plc

                                                        % funds as at 30/4/01
UK FTSE 100                                                                 2
UK FTSE 250 (excluding IC's)                                               62
FTSE Small Cap (excluding IC's)                                            20
IC income and capital shares                                                0
Other IC's                                                                  1
International equities                                                      0
Cash and FI                                                                15
                                                                          100