Director Shareholding

JP Morgan Fleming Indian IT PLC
11 February 2004



SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1.       Name of company:



JPMORGAN  FLEMING INDIAN INVESTMENT TRUST PLC



2.      Name of director:



MR I O S SAUNDERS



3.      Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest:



AS 2 ABOVE



4.      Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified):



SHARES HELD IN COGENT NOMINEES LIMITED: 20,400



5.      Please state whether notification relates to a person(s) connected with
the Director named in 2 above and identify the connected person(s):



N/A



6.      Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non-discretionary:



ALLOTMENT OF NEW ORDINARY SHARES AS A RESULT OF EXERCISE OF WARRANTS TO
SUBSCRIBE FOR ORDINARY SHARES AT 100 PENCE PER SHARE.



7.      Number of shares/amount of stock acquired:



400



8.      Percentage of issued class:



0.00%



9.      Number of shares/amount of stock disposed:



N/A



10.  Percentage of issued class:



N/A



11.   Class of security:



ORDINARY SHARES OF 25p



12.  Price per share:



       N/A



13.  Date of transaction:



ALLOTTED ON 4TH FEBRUARY 2004 (WITH EFFECT FROM 2ND FEBRUARY 2004)



14.  Date company informed:



10TH FEBRUARY 2004



15.  Total holding following this notification:



20,400



16.  Total percentage holding of issued class following this notification:



0.02%


If the company has granted options to a director, please complete boxes 17 to 22
inclusive:



17.  Date of grant:



N/A



18.  Period during which or date on which exercisable:



N/A



19.  Total amount paid (if any) for grant of the option:



N/A



20. Description of shares or debentures involved, class and number:



N/A



21.  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:



N/A



22. Total number of shares or debentures over which options held following this
notification:



N/A



23. Any additional information:





24. Name of contact and telephone number for queries:



CAROLYN LADD 0207-742-3435



25. Date of notification:


11TH FEBRUARY 2004














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