Discount Management

JPMorgan Emerging Mkts Invest Trust
27 September 2007



                 JPMORGAN EMERGING MARKETS INVESTMENT TRUST PLC

                              DISCOUNT MANAGEMENT


The Board of JPMorgan Emerging Markets Investment Trust plc announces that it
will continue carefully to monitor the discount on the Company's shares and, in
stable market conditions with the Company continuing to perform well against its
benchmark, would look to buy back shares when necessary if the discount is out
of line with the Company's peers and over 10%.



27th September 2007



For further information:

Philip Jones
JPMorgan Asset Management (UK) Limited - Secretary
Telephone: [phone]






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