Dividend Declaration

JPMorgan Fleming Claverhouse IT PLC
01 July 2004





               JPMorgan Fleming Claverhouse Investment Trust plc



Second quarterly interim dividend



The Directors have declared that a second quarterly interim dividend of 2.50
pence per share for the year ending 31st December 2004 will be paid on 1st
September 2004 to shareholders on the register at the close of business on 6th
August 2004.


1st July 2004

For further information:



Jonathan Latter,

J.P. Morgan Fleming Asset Management (UK) Limited        020 7742 6000



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