Holding(s) in Company

JPMorgan Fleming Japanese Smllr Cos
10 January 2008


TR-1: Notifications of Major Interests in Shares


                                                                  
1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:

JPMORGAN FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST PLC


2. Reason for notification (yes/no)
                                                                                             

An acquisition or disposal of voting rights                           YES
                                                       

3. Full name of person(s) subject to notification      
obligation:

WESLEYAN ASSURANCE SOCIETY
COLMORE CIRCUS
BIRMINGHAM B4 6AR


4. Full name of shareholder(s) (if different from 3):
                                                       

5. Date of transaction (and date on which the
threshold is crossed or reached if different):

10 JANUARY 2008
                                                       

6. Date on which issuer notified:

10 JANUARY 2008
                                                      

7. Threshold(s) that is/are crossed or reached:

OVER 3%

8: Notified Details

A: Voting rights attached to shares


Class/type of  Situation previous to    Resulting situation after the triggering transaction
shares         the triggering
               transaction
If possible
use ISIN code  Number of   Number of    Number of      Number of voting rights    Percentage of voting
               shares      voting       shares                                    rights
                           rights

GB0003165817               1,083,500
               1,083,500                1,183,500          1,183,500                  3.006%
JP MORGAN
JAPANESE                                                   
SMALLER COS IT                                             Direct                     Direct




B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial   Expiration date          Exercise/       No. of voting rights that    Percentage of voting
instrument                                   conversion      may be acquired (if the      rights
                                             period/date     instrument exercised/
                                                             converted)

Total (A+B)

Number of voting rights                              Percentage of voting rights

1,183,500                                            3.006%


9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:

14 Contact name:                                       IAN FARQUHARSON

15. Contact telephone name:                            0121 200 9050




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