Share Issuance

JPMorgan Indian Invest Trust PLC
17 August 2006



                          STOCK EXCHANGE ANNOUNCEMENT





              JPMorgan Indian Investment Trust plc ('the Company')





                                 Share issuance





The Board of JPMorgan Indian Investment Trust plc (the 'Company') announces that
it is withdrawing the prospectus dated 22 February 2006 from the Document
Viewing Facility at the UKLA, as it no longer intends to issue shares under this
document.



Instead, the Company continues to be able to issue shares pursuant to the
shareholder authority granted at the last AGM and in accordance with the
Prospectus Rules, and it is the Company's intention that this power be exercised
where it is in the interests of shareholders so to do.  The Company will only
issue shares at a premium to net asset value.





For further information please contact



Andrew Norman

JPMorgan Asset Management (UK) Limited - Company Secretary

Telephone [phone]



17th August 2006


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