Transaction in Own Shares

JPMorgan Fleming Claverhouse IT PLC
16 March 2006



                          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 42,100 ordinary shares at 502.2738 pence
per share representing 0.07% 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 2,612,623 shares have been repurchased
under this authority.



The remaining shares in issue following this repurchase total 63,471,135.








16th March 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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