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Fleming Overseas Inv (JMO)

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Monday 02 April, 2001

Fleming Overseas Inv

Change of Benchmark

Fleming Overseas Inv Trust PLC
2 April 2001


2nd April, 2001


THE FLEMING OVERSEAS INVESTMENT TRUST PLC


The Company today announced that it has changed its benchmark index with
immediate effect to the MSCI World Index to broaden its investment universe.
The Company is amending its policy of limiting UK equities to no more than 5%
of assets in order to accommodate this change. At present, approximately 10%
of the MSCI World Index is in UK equities.




For further information, please contact



Linda Field

Chase Fleming Asset Management(UK) Ltd......................... 020 7742 3426
(Company Secretary)





Tom Durie...................................................... 020 7336 2004
HSBC (Brokers to the Company)