Holding(s) in Company

JPMorgan Fleming Overseas IT PLC
11 February 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1)   Name of company

JPMORGAN FLEMING OVERSEAS INVESTMENT TRUST PLC

2)   Name of shareholder having a major interest

ASSET VALUE INVESTORS

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

NON-BENEFICIAL

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


ASSET VALUE INVESTORS


5)   Number of shares/amount of stock acquired

650,000


6)   Percentage of issued class

0.93%


7)   Number of shares/amount of stock disposed


N/A


8)   Percentage of issued class


N/A


9)   Class of security


ORDINARY 25P SHARES


10)  Date of transaction

8th FEBRUARY 2005

11)  Date company informed

10th FEBRUARY 2005

12)  Total holding following this notification

3,249,905

13)  Total percentage holding of issued class following this notification

4.66%

14)  Any additional information

N/A

15)  Name and telephone number of authorised company official responsible for
making this notification



PHILIP JONES - 020 7742 7214



Date of notification: 11th FEBRUARY 2005




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