RNS Number:7942T
JPMorgan Fleming Smaller Cos IT PLC
2 January 2004

THE NET ASSET VALUE IN PENCE FOR 31ST DECEMBER 2003 WAS:


JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST PLC:                  278.36



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