Annual Report

JPMorgan Fleming Eur Fldglng IT PLC
17 June 2005


                         STOCK EXCHANGE ANNOUNCEMENT

                              ANNUAL REPORT

A copy of the above document, for JPMorgan Fleming European Fledgeling
Investment Trust plc, has been submitted to the UK Listing Authority, and is
available for inspection at the UK Listing Authority's Documents Viewing
Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. 020 7066 1000


17th June 2005


For further information, please contact:

Lucy Sullivan
For and on behalf of
JPMorgan Asset Management (UK) Limited
020 7742 3451


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