Issue of Equity

JP Morgan Fleming Indian IT PLC
17 August 2005


                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                  JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC

                               ISSUE OF SHARES

JPMorgan Fleming Indian Investment Trust plc announces that today, 17th August
2005, it issued 100,000 ordinary shares to a market participant at 196.75 pence
per share representing 0.11% of the ordinary shares in issue.

The number of shares issued under the current authority totals 4,589,000.  A
further 4,432,136 shares are available for issue under the authority granted at
the EGM held on 22nd March 2005.

The shares in issue following this notification are 95,240,392.

17th August 2005


For further information, please contact:

Simon Crinage
JPMorgan Asset Management (UK) Limited - Secretary
Telephone [phone]


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