AGM Statement

JPMorgan Fleming Japanese Smllr Cos
25 July 2007



                          STOCK EXCHANGE ANNOUNCEMENT


                                 AGM STATEMENT



      JPMORGAN FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST PLC


                                 25TH JULY 2007




Following the Annual General Meeting of the Company, which was held today, the
Board is pleased to announce that all of the Ordinary Resolutions put to
shareholders were passed.



In addition, three Special Resolutions were passed which:



 i. will allow the Company to make market purchases of 5,899,977 or if less, that
    number of ordinary shares which is equal to 14.99% of the Company's issued
    ordinary share capital;



ii. will allow the Company to sell shares from treasury up to an aggregate
    nominal amount of £393,594, representing approximately 10% of the Company's
    issued share capital; and



iii.will allow the Company to disapply pre-emption rights on the sale of
    shares from treasury up to an aggregate nominal amount of £393,594 
    representing approximately 10% of the Company's issued share capital.





25th July 2007


For further information, please contact:

Hilary Lowe
For and on behalf of
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000




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