Transaction in Own Shares

JP Morgan Fleming Mid Cap Inv PLC  
18 August 2005


                          STOCK EXCHANGE ANNOUNCEMENT

                 JPMORGAN FLEMING MID CAP INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Fleming Mid Cap Investment Trust plc announces that on Thursday 18th
August 2005 in the market it purchased for cancellation 130,000 ordinary shares
at 408 pence per share representing 0.37% of the ordinary shares in issue.

The current repurchase authority for 5,450,663 shares was approved by
shareholders on 3rd November 2004.  To date 1,455,000 shares have been
repurchased under this authority.

The remaining shares in issue following this repurchase totals 34,907,000.


18th August 2005


For further information, please contact:

Lucy Sullivan
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000

Gavin Tooke
Dresdner Kleinwort Wasserstein - Stockbrokers to the Company
0207 623 8000


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