Transaction in Own Shares

JPMorgan Fleming Claverhouse IT PLC
23 January 2006


The following replaces the 'Transaction in Own Shares' announcement released on
20th January 2006 at 16.52 hrs under RNS: 2641X

The number of shares bought back should have read 24,500 rather than 35,000
which represented 0.04% of the ordinary shares in issue.  2,111,897 shares have
been repurchased under the current authority and the shares in issue following
this repurchase total 63,971,861.

All other details remain unchanged.  The full amended text appears below.



                          STOCK EXCHANGE ANNOUNCEMENT

               JPMORGAN FLEMING CLAVERHOUSE INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Fleming Claverhouse Investment Trust plc announces that today in the
market they purchased for cancellation 24,500 ordinary shares at 471.1 pence per
share representing 0.04% of the ordinary shares in issue.

The current repurchase authority for 9,905,955 shares was approved by
shareholders on 19th April 2005.  To date 2,111,897 shares have been repurchased
under this authority.

The remaining shares in issue following this repurchase total 63,971,861.


20th January 2006


For further information, please contact:

Jonathan Latter
JPMorgan Asset Management (UK) Limited, 020 7742 6000

Shamus Henderson
Cazenove Global Equities- Stockbrokers to the Company
0207 155 8122



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