Dividend Declaration-Replace

Fleming Mercantile Inv Trust PLC
02 April 2004


The following replaces the Dividend Declaration announcement released 1st April
2004 at 16:40 under RNS number 2513X

The ex dividend date was incorrectly stated as 11th April 2004 and should have
read 7th April 2004.

All other details remain unchanged, and the full amended text appears below.



                  THE FLEMING MERCANTILE INVESTMENT TRUST PLC

                           FOURTH QUARTERLY DIVIDEND


The Directors have declared that a fourth quarterly dividend of 6.0p per share
will be paid on 4th May 2004 to shareholders on the register as at close of
business on 13th April 2004 (XD 7th April 2004).


2nd April 2004

J.P. Morgan Fleming Asset Management (UK) Limited - Secretary



For further information:

Richard Lewis
J.P. Morgan Fleming Asset Management (UK) Limited .................020 7742 6000


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