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Fleming Claverhouse (JCH)

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Monday 14 May, 2001

Fleming Claverhouse

Holding in Company

Fleming Claverhouse Inv Trust PLC
14 May 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

THE FLEMING CLAVERHOUSE INVESTMENT TRUST plc

2)   Name of shareholder having a major interest

J P MORGAN CHASE & CO

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

IN RESPECT OF SHAREHOLDER IN 2 ABOVE

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

CHASE FLEMINGS ASSET  MANAGEMENT  16,265,763

FLEMING PRIVATE ASSET MANAGEMENT LTD: 391,042




5)   Number of shares/amount of stock acquired

NOT STATED

6)   Percentage of issued class

NOT STATED

7)   Number of shares/amount of stock disposed

NOT STATED

8)   Percentage of issued class

NOT STATED

9)   Class of security

ORDINARY 25p SHARES


10)  Date of transaction

NOT STATED

11)  Date company informed

14th MAY   2001

12)  Total holding following this notification

16,656,805

13)  Total percentage holding of issued class following this notification

20.37%



14)  Any additional information



15)  Name of contact and telephone number for queries

HILARY LOWE, 020 7742 3274

16)  Name of authorised company official responsible for making this
notification

HELEN WALKER, 020 7742 3453


17)  Date of notification

14th  MAY 2001