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exhibit
(a)(5)(iii) Press Release of October 13, 2000.
FOR IMMEDIATE RELEASE Contacts:
Hong Kong: United States:
Jeannie Yan Joanne Kilkeary
Tel: (852) 2843-8888 Tel: (201) 318-4150
Fax: (852) 2524-8649 Fax: (201) 533-2847
JARDINE FLEMING INDIA ANNOUNCES PRELIMINARY TENDER OFFER RESULTS
Jardine Fleming India Fund, Inc. (NYSE: JFI) announced today, Friday October 13,
2000, that the Fund's tender offer for 3,036,836 of its issued and outstanding
shares of common stock, representing 30% of the Fund's outstanding shares as of
August 24,2000, expired yesterday at 12:00 Midnight Eastern Time.
Based upon current information, approximately 8,209,478 shares were tendered,
including shares tendered pursuant to notices of guaranteed delivery. Based on
this preliminary information, the proration for each tendering stockholder is
estimated to be 37% of the shares properly tendered. These numbers are subject
to adjustment and should not be regarded as final. The actual number of shares
to be purchased will be announced at a later date. The purchase price of
properly tendered shares is $12.5495, which represents 95% of the net asset
value per share determined as of the close of the regular trading session of the
New York Stock Exchange on October 12, 2000.
The fund, a closed-end investment company, is managed by Jardine Fleming
International Management Inc., an indirect subsidiary of
Chase Manhattan Corporation.
