Directorate Change

JP Morgan Fleming Asian Inv Tst PLC
28 November 2002


                  JPMorgan Fleming Asian Investment Trust plc

                          Stock Exchange Announcement

                            Chairman of the Company

28th November 2002


On the 18th November 2002, the Company announced amongst other matters, that Sir
Hamish Macleod would retire as a Director, and hence as Chairman, at the
conclusion of the Annual General Meeting to be held on 12th February 2003.


Further to this the Board are pleased to announce that James Long TD, will be
appointed as Chairman on the retirement of Sir Hamish.


Mr Long has been a Director of the Company since its launch in 1997 and is
currently Chairman of the Audit Committee.


By order of the Board

Fraser Easton

Authorised Signatory of Company Secretary

JPMorgan Fleming Asset Management (UK) Limited


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