Holding(s) in Company

JPMorgan Fleming US Disc IT PLC
28 June 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST PLC

2)   Name of shareholder having a major interest


J.P. MORGAN CHASE & CO.

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

AS ABOVE

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


JPMORGAN ASSET MANAGEMENT (UK) LIMITED

5)   Number of shares/amount of stock acquired

NA

6)   Percentage of issued class

NA

7)   Number of shares/amount of stock disposed

100,000

8)   Percentage of issued class

0.98%

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

24 JUNE 2005

11)  Date company informed

27 JUNE 2005

12)  Total holding following this notification

1,437,440

13)  Total percentage holding of issued class following this notification

14.11%

14)  Any additional information

N/A

15)  Name of contact and telephone number for queries

LUCY SULLIVAN     020 7742 3451

16)  Name and signature of authorised company official responsible for
     making this notification



PHILIP JONES



Date of notification: 28 JUNE 2005



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