Holding(s) in Company-Replace

JPMorgan Fleming Japanese Smllr Cos
31 July 2003





The following replaces the Holding(s) in Company, announcement released 31st
July 2003 at 14:08 under RNS number 19830.



Please be advised that under point 4, for the very last registered holder, it
stated:

HSBC Global Custody Nominee (UK) Ltd A/C 866203: 40,000 rather than HSBC Global
Custody Nominee (UK) Ltd A/C 360509: 40,000



Please be advised further that number of shares acquired, under point 5 were
stated as 500,00 rather than 500,000.





All other details remain unchanged, and the full amended text appears below.





                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

JPMORGAN  FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST plc

2)   Name of shareholder having a major interest

LEGAL & GENERAL INVESTMENT MANAGEMENT

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

IN RESPECT OF SHAREHOLDER IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them


HSBC Global Custody Nominee (UK) Ltd A/C 914945: 17,908
HSBC Global Custody Nominee (UK) Ltd A/C 775245: 163,911
HSBC Global Custody Nominee (UK) Ltd A/C 357206: 1,616,931
HSBC Global Custody Nominee (UK) Ltd A/C 747381: 86,360
HSBC Global Custody Nominee (UK) Ltd A/C 866203: 69,000
HSBC Global Custody Nominee (UK) Ltd A/C 360509: 40,000



5)   Number of shares/amount of stock acquired

500,000

6)   Percentage of issued class

 NOT STATED

7)   Number of shares/amount of stock disposed

NOT STATED

8)   Percentage of issued class

NOT STATED


9)   Class of security

ORDINARY 10p SHARES


10)  Date of transaction

23RDJULY  2003

11)  Date company informed

31ST JULY  2003

12)  Total holding following this notification

1,994,110

13)  Total percentage holding of issued class following this notification

5.06%



14)  Any additional information

N/A

15)  Name of contact and telephone number for queries

HILARY LOWE 0207-742-3274

16)  Name of authorised company official responsible for making this
notification

NADINE KLOPPER 0207-742-3458



17) Date of notification



31st JULY  2003









                      This information is provided by RNS
            The company news service from the London Stock Exchange