Issue of Equity

JP Morgan Fleming Indian IT PLC
07 April 2005



                        LONDON STOCK EXCHANGE ANNOUNCEMENT


                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC


                                 ISSUE OF SHARES


JPMorgan Fleming Indian Investment Trust plc announces that yesterday, Wednesday
6th April 2005, it issued 200,000 ordinary shares to a market participant at
154.5 pence per share representing 0.22% of the ordinary shares in issue.

The number of shares issued under the current authority totals 875,000.  A
further 8,146,136 shares are available for issue under the authority granted at
the EGM held on 22nd March 2005.

The remaining shares in issue following this notification are 91,526,392.



7th April 2005




For further information, please contact:




Richard Lewis
J.P. Morgan Fleming Asset Management (UK) Limited - Secretary
Telephone [phone]






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