Transaction in Own Shares

JPMorgan Fleming Claverhouse IT PLC
15 March 2006


                          STOCK EXCHANGE ANNOUNCEMENT


               JPMORGAN FLEMING CLAVERHOUSE INVESTMENT TRUST PLC


                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Fleming Claverhouse Investment Trust plc announces that today in the
market they purchased for cancellation 25,000 ordinary shares at 497.6 pence per
share representing 0.04% of the ordinary shares in issue.

The current repurchase authority for 9,905,955 shares was approved by
shareholders on 19th April 2005.  To date 2,516,123 shares have been repurchased
under this authority.

The remaining shares in issue following this repurchase total 63,567,635.




13th March 2006



For further information, please contact:


Jonathan Latter
JPMorgan Asset Management (UK) Limited, 020 7742 6000



Shamus Henderson
Cazenove Global Equities- Stockbrokers to the Company
0207 155 8122




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