Holding(s) in Company

JP Morgan Fleming Asian Inv Tst PLC
25 May 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

JPMORGAN FLEMING ASIAN INVESTMENT TRUST PLC

2)   Name of shareholder having a major interest

J.P.MORGAN CHASE & CO.

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

AS ABOVE

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

J.P. MORGAN FLEMING ASSET MANAGEMENT (UK) LIMITED


5)   Number of shares/amount of stock acquired

1,481,633

6)   Percentage of issued class

0.91%

7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

18TH MAY 2004

11)  Date company informed

24TH MAY 2004

12)  Total holding following this notification

18,666,152


13)  Total percentage holding of issued class following this notification

11.52%

14)  Any additional information

N/A

15)  Name of contact and telephone number for queries

NICOLA WALTERS     020 7742 3453

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

PHILIP JONES

Date of notification: 25 MAY 2004


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