Retirement of Director

JPMorgan Fleming Claverhouse IT PLC
30 April 2004





                          STOCK EXCHANGE ANNOUNCEMENT


               JPMORGAN FLEMING CLAVERHOUSE INVESTMENT TRUST PLC


JPMorgan Fleming Claverhouse Investment Trust plc announces that further to the
notification contained in the Company's preliminary results announcement on 12th
March 2004, it confirms that John Redwood retired from the Board with effect
from 29th April 2004.

30th April 2004



For further information, please contact:

Jonathan Latter

For and on behalf of

J.P. Morgan Fleming Asset Management (UK) Limited - Secretary

Telephone [phone]




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