RNS Number:7759F
JPMorgan Fleming Technology Trust  
03 January 2003


Further to the announcement on 24 October 2002, the Board confirms that the
Formula Asset Value based on the net asset value published today is 58.66 pence
per share.

As previously stated, the Board intends to publish a Formula Asset Value on a
weekly basis in addition to the daily publication of the Net Asset Value.


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

3 January 2003


For further information, please contact:

Craig Cleland
J.P. Morgan Fleming Asset Management (UK) Limited, 020 7742 6000

Paul Fincham
Teather & Greenwood Limited, 020 7426 7736


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

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