Directorate Change

JPMorgan Fleming Eur Fldglng IT PLC
22 August 2005



                    STOCK EXCHANGE ANNOUNCEMENT

               JPMORGAN  FLEMING EUROPEAN FLEDGELING

                         INVESTMENT TRUST PLC

22nd August 2005


Changes to the Board


The Board of JPMorgan Fleming European Fledgeling Investment Trust plc announce
that Mr John Thornton has retired as a non-executive Director of the Board with
effect from 14th July 2005.  The Board sincerely thanks Mr Thornton for his
valuable contributions during his time on the Board.


For further information, please contact:

Hilary Lowe, Company Secretary
JPMorgan Asset Management (UK) Ltd - Secretary 020 7742 6000




                      This information is provided by RNS
            The company news service from the London Stock Exchange