RNS Number:4531U
JPMorgan Fleming Elect PLC
20 January 2004


                           JPMORGAN FLEMING ELECT PLC

                       LONDON STOCK EXCHANGE ANNOUNCEMENT

This announcement replaces that which was released on 16th January 2004, under
RNS number 3367U.  The previous announcement stated that shares would be

allotted to investors on an as and when basis and did not specify that these
shares will also be available to members of the JPMorgan Fleming Share Plan, ISA
/PEP and Pension account holders and to other regular  investors.  All other
details remain the same.

JPMorgan Fleming Elect plc (the "Company") announces that an application has
been made to the London Stock Exchange for a block listing of 2,400,000 Managed
Income ordinary shares of 0.01p each. The shares will rank pari passu with the
Company's existing ordinary shares of 0.01p each and will be allotted to members
of the JPMorgan Fleming Share Plan, ISA/PEP and Pension account holders and to
other regular investors.

20th January 2004

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


For further information, please contact:-

Jonathan Latter......................020 7742 3408


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