Management Arrangements

JP Morgan Fleming Asian Inv Tst PLC
09 May 2005









                          STOCK EXCHANGE ANNOUNCEMENT

                   JPMORGAN FLEMING ASIAN INVESTMENT TRUST PLC

                              Management Arrangements



The Board of JPMorgan Fleming Asian Investment Trust plc announces that Michael
Koh will become the Company's named investment manager in succession to
Charlotte Yew who has given notice of her intention to retire from the fund
management industry.  Ms. Yew will continue to work full-time in the Singapore
office of JPMorgan Asset Management ('JPMAM') until the end of May and will work
on an ad hoc basis until the autumn to facilitate the transfer of her
responsibilities.



The Board has agreed with JPMAM that Michael Koh will assume the role with
immediate effect.  Mr. Koh is a senior investment manager at JF Asset Management
('JFAM'), JPMAM's Asian investment management arm.  He is also a senior member
of the JFAM Asset Allocation Committee.  Mr. Koh joined the firm in 1981 as an
investment manager for equity portfolios invested in Singapore and Malaysia.  He
moved to Hong Kong in 1985 and expanded his coverage of markets to include other
Asian markets.  He relocated to Singapore in 2000 and is currently Chairman of
JF Asset Management (Singapore) Ltd.



James Long, Chairman of JPMorgan Fleming Asian Investment Trust plc, commented '
We are pleased that a person of Michael Koh's calibre, with his considerable
experience in managing Asian equity portfolios, will now assume prime
responsibility for managing the Company's investments. Having worked closely
with Charlotte Yew over the past 5 years, Michael provides the continuity we
require.  Charlotte Yew has been our investment manager since May 1999 and the
Board is grateful to her for her commitment and contribution to the Company over
that period.  We wish her the very best as she leaves to look after her young
family'.





9th May 2005



For further information:





Michael Bateman...........020 7742 3446





Philip Jones
For and on behalf of
JPMorgan Asset Management (UK) Limited








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