AGM Statement

JP Morgan Flem Chinese Inv Tst PLC
17 December 2002



                          STOCK EXCHANGE ANNOUNCEMENT


                 JPMORGAN FLEMING CHINESE INVESTMENT TRUST PLC


At the Annual General Meeting of the Company, which was held this morning, the
Board announce that all the resolutions put to shareholders were passed,
including the special resolution which was as follows:-

To allow the Company to make market purchases of its own ordinary shares up to a
maximum number of 8,714,944 (representing 14.99% of the Company's issued
ordinary share capital).

17th December 2002


For further information, please contact:

Hilary Lowe (Company Secretary)
J.P. Morgan Fleming Asset Management (UK) Limited
020 7742 3274



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