Transaction in Own Shares

JPMorgan Overseas IT PLC
29 February 2008



                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                     JPMORGAN OVERSEAS INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Overseas Investment Trust plc has today purchased 7,500 ordinary shares
for cancellation at 606 pence per share.

Following the transaction the remaining shares in issue total 27,784,948.


29th February 2008


For further information, please contact:

Philip Jones
JPMorgan Asset Management (UK) Limited, 020 7742 6000




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