Issue of Equity

JP Morgan Fleming Indian IT PLC
11 August 2005



                       LONDON STOCK EXCHANGE ANNOUNCEMENT



                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC



                                ISSUE OF SHARES



JPMorgan Fleming Indian Investment Trust plc announces that today, 11th August
2005, it issued 450,000 ordinary shares to a market participant at 198.5 pence
per share representing 0.48% of the ordinary shares in issue.



The number of shares issued under the current authority totals 4,489,000.  A
further 4,532,136 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 95,140,392.




11th August 2005




For further information, please contact:


Andrew Norman

JPMorgan Asset Management (UK) Limited - Secretary

Telephone [phone]





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