Holding(s) in Company

JPMorgan Fleming Emerge Mkts IT PLC
16 July 2004



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

     THE JPMORGAN FLEMING EMERGING MARKETS INVESTMENT TRUST PLC

2)   Name of shareholder having a major interest

     NORTRUST NOMINEES LIMITED

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

     IN RESPECT OF SHAREHOLDER IN 2 ABOVE

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

     BAE SYSTEMS Pension Funds CIF Trustees Limited -  1,674,505
     BAE SYSTEMS 2000 Pension Plan Trustees Limited - 3,050,000

5)   Number of shares/amount of stock acquired

     N/A

6)   Percentage of issued class

     N/A

7)   Number of shares/amount of stock disposed

     700,000 (BAE SYSTEMS Pension Funds CIF Trustees Limited)

8)   Percentage of issued class

     0.78%

9)   Class of security

     ORDINARY 25p SHARES

10)  Date of transaction
     
     NOT STATED

11)  Date company informed

     15th JULY 2004

12)  Total holding following this notification

     BAE SYSTEMS Pension Funds CIF Trustees Limited -  1,674,505
     BAE SYSTEMS 2000 Pension Plan Trustees Limited - 3,050,000

13)  Total percentage holding of issued class following this notification

     BAE SYSTEMS Pension Funds CIF Trustees Limited -  1.86%
     BAE SYSTEMS 2000 Pension Plan Trustees Limited - 3.38%

14)  Any additional information

     N/A

15)  Name of contact and telephone number for queries

     JENNIFER PALMER 0207-742-3458

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

     PHILIP JONES 020 7742 7214

17)  Date of notification

     16th JULY 2004



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