Interim Management Statement

JPMorgan Emerging Mkts Invest Trust
30 October 2007


                 JPMorgan Emerging Markets Investment Trust plc
                                (the 'Company')


                    Interim Management Statement (unaudited)


                 For the three months ended 30th September 2007


This interim management statement relates to the quarter from 1st July 2007 to
30th September 2007 and contains information that covers that period, unless
otherwise stated.


Financial performance - Cumulative Total Return *


                         1 Month      3 Months       1 Year       3 Years      5 Years      10 Years
Share price              12.1%        8.8%           43.1%        192.7%       413.9%       221.2%
Net asset value          8.7%         8.7%           43.1%        181.2%       370.8%       185.5%
Benchmark                9.9%         12.7%          45.0%        148.0%       295.8%       140.1%



* total return with net dividends reinvested
Source: JPMAM/Fundamental Data



Financial position

                                    As at 30th September 2007    As at 29th October 2007
Net assets                                 £549.6m                    £596.3m
Share price                                453.00p                    491.50p
Net asset value per share                  498.31p                    540.60p
Discount                                     9.1%                      9.1%
Gearing                                     100.0%                    100.0%



Share prices shown are closing mid
Net asset values are shown excluding income with debt at fair value
Source: JPMAM/Fundamental Data



Material events

The Company's Annual General Meeting ('AGM') is to be held at the Salters' Hall,
4 Fore Street, London EC2Y 5DE on Thursday 8th November 2007 at 3.00 p.m.




Material transactions

Changes to share capital

                                                             Ordinary Shares of 25p

Shares in issue as at 30th June 2007                         110,303,742
Shares bought back and cancelled                             -
Shares issued - new                                          -
Shares bought back into treasury                             -
Shares issued - from treasury                                -
As at 30th September 2007                                    110,303,742



The Company has not repurchased or issued any shares in this financial quarter.


Portfolio

Top ten holdings as at 30th September 2007

Stock name                                 Sector                                     Weight %

Petroleo Brasileiro                        Energy                                     5.9
Companhia Vale do Rio Doce                 Materials                                  5.7
Housing Development Finance                Financials                                 4.1
America Movil                              Telecommunication Services                 4.1
Posco                                      Materials                                  2.7
Banco Itau                                 Financials                                 2.6
Hon Hai Precision                          Information Technology                     2.6
Bharti Airtel                              Telecommunication Services                 2.5
MTN                                        Telecommunication Services                 2.2
Shinsegae                                  Consumer Staples                           2.2




Sector analysis as at 30th September 2007


Sector                                                Portfolio %
Financials                                            22.8
Materials                                             16.0
Telecommunications Services                           12.4
Consumer Staples                                      12.3
Consumer Discretionary                                10.5
Energy                                                8.8
Information Technology                                7.5
Health Care                                           5.6
Industrials                                           3.6
Utilities                                             1.2

Total equities                                        100.7
Cash                                                  (o.7)

Total                                                 100.0



Geographical analysis as at 30th September 2007

Country                                               Portfolio %
Brazil                                                18.5
India                                                 12.4
South Africa                                          11.7
South Korea                                           11.1
HK /China                                             10.5
Mexico                                                8.4
Russia                                                7.6
Taiwan                                                4.2
Egypt                                                 3.3
Israel                                                2.5
Turkey                                                2.2
Indonesia                                             2.0
Argentina                                             1.8
Hungary                                               1.5
Austria                                               1.2
Other                                                 1.8


Cash                                                  (0.7)

Total                                                 100.0





By order of the Board
Philip Jones, for and on behalf of
JPMorgan Asset Management (UK) Limited, Secretary
30th October 2007



Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ



This interim management statement has been prepared solely to provide
information to meet the requirements of the UK Listing Authority's Disclosure
and Transparency Rules.



Please note that up to date information on the Company, including daily NAV and
share prices, factsheets and portfolio information can be found at
www.jpmemergingmarkets.co.uk. For investor information please contact the
JPMorgan helpline on Freephone 0800 40 30 30.


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