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JPMorgan Flem.Claver (JCH)

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Thursday 27 January, 2005

JPMorgan Flem.Claver

Dividend Declaration

JPMorgan Fleming Claverhouse IT PLC
27 January 2005

               JPMorgan Fleming Claverhouse Investment Trust plc

Fourth quarterly interim dividend

The Directors have declared that a fourth quarterly interim dividend of 3.15
pence per share for the year ended 31st December 2004 will be paid on 1st March
2005 to shareholders on the register at the close of business on 4th February

This payment will bring the total dividend for the year ended 31st December 2004
to 10.65 pence (2003: 10.20 pence), an increase of 4.4% over the previous year.

27th January 2005

For further information:

Jonathan Latter,
J.P. Morgan Fleming Asset Management (UK) Limited          020 7742 6000

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