Transaction in Own Shares

JPMorgan Fleming Mercantile IT PLC
10 August 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT


                JPMORGAN FLEMING MERCANTILE INVESTMENT TRUST PLC


                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Fleming Mercantile Investment Trust plc has today purchased 14,800
ordinary shares for cancellation at 1,177 pence per share.

Following the transaction the remaining shares in issue total 107,645,158.


10th August 2007


For further information, please contact:


Jonathan Latter

JPMorgan Asset Management (UK) Limited, 020 7742 6000


Shamus Henderson

Cazenove, 020 7155 8122


                      This information is provided by RNS
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