Issue of Equity

JP Morgan Fleming Indian IT PLC
25 October 2005



                       LONDON STOCK EXCHANGE ANNOUNCEMENT



                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC



                                 ISSUE OF SHARES





JPMorgan Fleming Indian Investment Trust plc announces that today, 25th October
2005, it issued 50,000 ordinary shares to a market participant at 202.00 pence
per share representing 0.05% of the ordinary shares in issue.



The number of shares issued under the current authority totals 5,964,000.  A
further 3,057,136 shares are available for issue under the authority granted at
the EGM held on 22nd March 2005.



The shares in issue following this notification are 96,615,392.







25th October 2005





For further information, please contact:


Lucy Sullivan

JPMorgan Asset Management (UK) Limited - Company Secretary

Telephone [phone]




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