Transaction in Own Shares

JPMorgan Asian Investment Tst PLC
02 July 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT


                      JPMORGAN ASIAN INVESTMENT TRUST PLC


                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Asian Investment Trust plc has today purchased 700,000 ordinary shares
for cancellation at 176.25 pence per share.



Following the transaction the remaining shares in issue total 160,757,154.











2nd July 2007





For further information, please contact:



Philip Jones

JPMorgan Asset Management (UK) Limited, 020 7742 6000










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