RNS Number:0301P
JPMorgan Fleming Managed Income PLC
26 August 2003



                                   CORRECTION

  PLEASE NOTE THAT THE NAV ANNOUNCEMENT RELEASED TODAY AT 13:00PM CONTAINED AN
  ERROR.  THE DATE OF 21ST AUGUST WAS GIVEN REGARDING THE NET ASSET VALUES IN
  PENCE FOR THE JPMORGAN FLEMING MANAGED INCOME PLC AT CLOSE OF BUSINESS.  THIS
          SHOULD HAVE READ 25TH AUGUST 2003 AND NOT 21ST AUGUST 2003.

                  PLEASE REFER TO AMMENDED ANNOUNCEMENT BELOW.



THE NET ASSET VALUES IN PENCE FOR THE JPMORGAN FLEMING INVESTMENT TRUSTS AT
CLOSE OF BUSINESS ON 25th AUGUST 2003 WERE:


JPMORGAN FLEMING MANAGED INCOME PLC:                                     77.77



                      This information is provided by RNS
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