Issue of Equity

JP Morgan Fleming Indian IT PLC
08 April 2005



                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC

                                ISSUE OF SHARES


JPMorgan Fleming Indian Investment Trust plc announces that yesterday, Thursday
7th April 2005, it issued 100,000 ordinary shares to a market participant at 155
pence per share representing 0.11% of the ordinary shares in issue.


The number of shares issued under the current authority totals 975,000.  A
further 8,046,136 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 91,626,392.


8th April 2005

For further information, please contact:

Richard Lewis

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

Telephone [phone]


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