Asset Analysis

Fleming Mercantile Inv Trust PLC
10 March 2003


ASSET ANALYSIS AS AT 28th February 2003


THE FLEMING MERCANTILE INVESTMENT TRUST plc

                                                             % funds as at 28/02/03

UK FTSE 100                                                                             3
UK FTSE 250 (excluding IC's)                                                           68
FTSE Small Cap (excluding IC's)                                                        13
IC income and capital shares                                                            0
Other IC's                                                                              0
International equities                                                                  0
Cash and Fixed Interest                                                                16
                                                                                      100

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