Transaction in Own Shares

JPMorgan Overseas IT PLC
09 May 2008



                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                     JPMORGAN OVERSEAS INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION




JPMorgan Overseas Investment Trust plc has today purchased 85,000 ordinary
shares for cancellation at 627.0 pence per share.

Following the transaction the remaining shares in issue total 27,434,948.




9th May 2008






For further information, please contact:

Divya Amin
JPMorgan Asset Management (UK) Limited
020 7742 6000










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