Director/PDMR Shareholding

JPMorgan Fleming Smaller Cos IT PLC
26 January 2006


SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1.        Name of company:

JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc


2.       Name of director:

IVO COULSON


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:

HOLDING BY CHILDREN UNDER THE AGE OF 18


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

JASMINE COULSON          1,700 SHARES
SASHA COULSON            1,650 SHARES
ALEXANDER COULSON        1,650 SHARES


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

CHILDREN OF DIRECTOR



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

PURCHASE OF SHARES


7.        Number of shares/amount of stock acquired:

5,000


8.       Percentage of issued class:

0.02%


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:

        425p


13.     Date of transaction:

26TH JANUARY 2006


14.     Date company informed:

26TH JANUARY 2006


15.     Total holding following this notification:

5,000


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:

N/A


24.    Name of contact and telephone number for queries:

NICOLA WALTERS 0207-742-6000


25.    Name and signature of authorised company official responsible for making
this notification

ANDREW NORMAN 020 7742 6000


25.    Date of notification:

26TH JANUARY 2006



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