Transaction in Own Shares

JPMorgan Fleming Claverhouse IT PLC
25 July 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 35,000 ordinary shares at 490.96 pence
per share representing 0.06% 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 895,850 shares have been repurchased
under this authority.

The remaining shares in issue following this repurchase total 62,045,285.



25th July 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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