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exhibit
(a)(5)(iv) Press Release of October 17, 2000.
JARDINE FLEMING INDIA FUND ANNOUNCES RESULTS OF TENDER OFFER
Jardine Fleming India Fund Inc. (NYSE: JFI) announced today that in accordance
with its tender offer for up to 3,036,836 shares of its common stock which
expired on October 12, 2000, the Fund has accepted that number of shares for
payment today at a price of $12.5495 per share. These shares represent 30% of
the Fund's outstanding shares as of August 24, 2000. A total of 8,078,707 shares
were properly tendered and not withdrawn by midnight October 12, 2000, the final
date for withdrawals. Therefore, on a pro-rated basis, 37.6% of the shares so
tendered by each tendering stockholder have been accepted for payment.
Management of the Fund expects that payment for such shares will be made on or
about October 19, 2000.
Jardine Fleming India Fund Inc., a closed-end investment company, is managed by
Jardine Fleming International Management, Inc., an indirect subsidiary of The
Chase Manhattan Corp.
For further information please contact:
Hong Kong:
Jeannie Yan
Tel: (852) 2843-8888
Fax: (852) 2524-8649
Or
United States:
Joanne Kilkeary
Fund Tel: (201)318-4150
Fund Fax: (201)533-2847
