Director Shareholding

RNS Number:4687X
Fleming Claverhouse Inv Trust PLC
18 January 2001



SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1.    Name of company:

      THE FLEMING CLAVERHOUSE INVESTMENT TRUST plc



2.    Name of director:



      ROBERT WALTHER


3.    Please state whether notification indicates that it is in respect of
      holding of the shareholder named in 2 above or in respect of a non-       
      beneficial interest or in the case of an individual holder if it is a     
      holding of that person's spouse or children under the age of 18 or in     
      respect of a non-beneficial interest:

      NOTIFICATION IN RESPECT OF A DIRECTOR


4.    Name of the registered holder(s) and, if more than one holder, the
      number of shares held by each of them (if notified):

      CROSSFRIARS NOMINEES LTD


5.    Please state whether notification relates to a person(s) connected
      with the Director named in 2 above and identify the connected person(s):

      N/A

6.    Please state the nature of the transaction. For PEP transactions
      please indicate whether general/single co PEP and if discretionary/
      non-discretionary:

      ACQUISITION OF SHARES THROUGH SHARE PLAN

7.    Number of shares/amount of stock acquired:

      28 ORDINARY 25p SHARES

8.    Percentage of issued class:

      0.00%


9.    Number of shares/amount of stock disposed:

      N/A

10.   Percentage of issued class:

      N/A

11.   Class of security:

      ORDINARY 25p SHARES

12.   Price per share:

      500.00p

13.   Date of transaction:

      WEDNESDAY 17TH JANUARY 2001

14.   Date company informed:

      THURSDAY 18TH JANUARY 2001

15.   Total holding following this notification:

      4,814 ORDINARY 25p SHARES

16.   Total percentage holding of issued class following this notification:

      0.00%

If the company has granted options to a director, please complete boxes 17 to
22 inclusive:



17.     Date of grant:


N/A


18.   Period during which or date on which exercisable:

N/A

19.   Total amount paid (if any) for grant of the option:

N/A

20.   Description of shares or debentures involved, class and number:

N/A

21.   Exercise price (if fixed at time of grant) or indication that price is
      to be fixed at time of exercise:

N/A


22.   Total number of shares or debentures over which options held following
      this notification:

N/A

23.    Any additional information:


N/A

24.   Name of contact and telephone number for queries:


      JONATHAN LATTER, 020 7742 3408

25.    Date of notification:

      THURSDAY 18TH JANUARY 2001