Transaction in Own Shares

JPMorgan Asian Investment Tst PLC
17 August 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT





                      JPMORGAN ASIAN INVESTMENT TRUST PLC





                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION





JPMorgan Asian Investment Trust plc has today purchased 750,000 ordinary shares
for cancellation at 156.10 pence per share.



Following the transaction the remaining shares in issue total 160,007,154.











17th August 2007





For further information, please contact:



Philip Jones

JPMorgan Asset Management (UK) Limited, 020 7742 6000










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