Issue of Equity

JP Morgan Fleming Indian IT PLC
28 February 2005



LONDON STOCK EXCHANGE ANNOUNCEMENT



                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC



ISSUE OF SHARES





JPMorgan Fleming Indian Investment Trust plc announces that on Friday 25th
February 2005, it issued 75,000 ordinary shares to a market participant at 155
pence per share representing 0.08% of the ordinary shares in issue.



The number of shares issued under the current authority totals 6,345,000.  A
further 444,476 shares are available for issue under the authority granted at
the AGM in 2004.



The remaining shares in issue following this notification are 90,286,392.



28th February 2005




For further information, please contact:


Richard Lewis

J.P. Morgan Fleming Asset Management (UK) Limited - Secretary

Telephone [phone]





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