Transaction in Own Shares

JPMorgan Overseas IT PLC
04 April 2008



                       LONDON STOCK EXCHANGE ANNOUNCEMENT





                     JPMORGAN OVERSEAS INVESTMENT TRUST PLC





                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION







JPMorgan Overseas Investment Trust plc has today purchased 45,000 ordinary
shares for cancellation at 590.67 pence per share.



Following the transaction the remaining shares in issue total 27,663,948.









4th April 2008







For further information, please contact:



Philip Jones

JPMorgan Asset Management (UK) Limited, 020 7742 6000










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