Issue of Equity

JP Morgan Fleming Indian IT PLC
28 July 2005



                        LONDON STOCK EXCHANGE ANNOUNCEMENT

                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC

                                ISSUE OF SHARES


JPMorgan Fleming Indian Investment Trust plc announces that today, 28th July
2005, it issued 300,000 ordinary shares to two market participants at 198.5
pence per share representing 0.32% of the ordinary shares in issue.


The number of shares issued under the current authority totals 3,424,000.  A
further 5,597,136 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 94,075,392.


28th July 2005


For further information, please contact:


Simon Crinage
JPMorgan Asset Management (UK) Limited - Secretary
Telephone [phone]







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