AGM Statement

JPMorgan Fleming US Disc IT PLC
28 April 2005



STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST PLC



Following the Annual General Meeting of the Company, which was held today, the
Board is pleased to announce that all of the resolutions put to shareholders
were passed, including an Ordinary Resolution, proposed under Special Business,
which approves the continuation of the Company as an investment trust for a
further five year period, and a Special Resolution, also proposed under Special
Business, which will allow the Company to make market purchases of up to
1,534,898 ordinary shares, representing 14.99% of the Company's issued share
capital.




28th April 2005




For further information, please contact:





Richard Lewis

For and on behalf of

J.P. Morgan Fleming Asset Management (UK) Limited - Secretary

020 7742 6000






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