Transaction in Own Shares

JPMorgan Fleming Claverhouse IT PLC
26 January 2007

The following replaces the 'Transaction in Own Shares' announcement released on
24th January 2007 at 17:02 under RNS Number 0991Q.

The shares for cancellation were 25,000 at 547 pence and not 25,000 at 548.5
pence, as previously stated. All other information remains the same. Please see
below for the revised announcement.


                          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 25,000 ordinary shares at 547 pence per
share representing 0.04% of the ordinary shares in issue.

The current repurchase authority for 9,434,876 shares was approved by
shareholders on 27th April 2006.  To date 1,987,590 shares have been repurchased
under this authority.

The remaining shares in issue following this repurchase total 60,953,545.


26th January 2007


For further information, please contact:

Philip Jones
JPMorgan Asset Management (UK) Limited, 020 7742 6000

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



                      This information is provided by RNS
            The company news service from the London Stock Exchange