Transaction in Own Shares

JPMorgan Overseas IT PLC
11 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 99,000 ordinary
shares for cancellation at 603.00 pence per share.

Following the transaction the remaining shares in issue total 27,564,948.



11th April 2008




For further information, please contact:

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




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