Issue of Equity

JP Morgan Indian Invest Trust PLC
06 March 2006



                         LONDON STOCK EXCHANGE ANNOUNCEMENT

                        JPMORGAN INDIAN INVESTMENT TRUST PLC

                                   ISSUE OF SHARES



JPMorgan Indian Investment Trust plc announces that today, Monday 6th March
2006, it issued 200,000 ordinary shares to two market participants at 285.25
pence per share representing 0.19% of the ordinary shares in issue.


It is expected that the new ordinary shares will be admitted to listing on the
Official List of the UK Listing Authority and to trading on the main market of
the London Stock Exchange on Thursday 9th March 2006.


The number of shares issued under the current authority totals 4,521,270.  A
further 6,110,670 shares are available for issue under the authority granted at
the AGM held on 24th January 2006.


The shares in issue following this notification are 104,861,662.



6th March 2006


For further information, please contact:


Andrew Norman
JPMorgan Asset Management (UK) Limited - Company Secretary
Telephone [phone]







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