Annual Report and Accounts

JPMorgan Fleming American IT PLC
08 April 2004





                          STOCK EXCHANGE ANNOUNCEMENT

                 JPMORGAN FLEMING AMERICAN INVESTMENT TRUST PLC

                                ANNUAL REPORT

A copy of the above document, regarding JPMorgan Fleming American Investment
Trust plc, has been submitted to the UK Listing Authority and is available for
inspection at the UK Listing Authority's Documents Viewing Facility, which is
situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Telephone - 020 7676 1000



31st March 2004

For further information, please contact:

Hilary Lowe
For and on behalf of
J.P. Morgan Fleming Asset Management (UK) Limited - Secretary
020 7742 3274


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