Directorate Change

JPMorgan Fleming Eur Fldglng IT PLC
23 November 2005


                         STOCK EXCHANGE ANNOUNCEMENT



                    JPMORGAN FLEMING EUROPEAN FLEDGELING

                           INVESTMENT TRUST PLC









23rd November 2005



New Directors



The Board of JPMorgan Fleming European Fledgeling Investment Trust plc are
pleased to announce the appointment of Mr Paul Manduca and Mr Federico
Marescotti as non-executive Directors with effect from 1st December 2005.



Mr Manduca has extensive knowledge of the investment trust industry and European
equity markets and was until recently Chief Executive Officer of Deutsche Asset
management. He has previously held the position of Chief Executive at Rothschild
Asset Management Limited and is a past Chairman of the Association of Investment
Trust Companies. Mr Marescotti has considerable knowledge of the European small
cap market and is currently a Managing Partner of an Italian private equity
management company. He was previously the Managing Director for RWE Ambiente
Italian and its Southern European subsidiary.



Notification of other details requiring disclosure under paragraph 16.4 of the
FSA Listing Rules will be made in due course.



For further information, please contact:






Hilary Lowe, Company Secretary

JPMorgan Asset Management (UK) Ltd - Secretary 020 7742 6000




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