Transaction in Own Shares-Rep

JPMorgan Indian Invest Trust PLC
20 November 2007


The following replaces announcement 8561H released to the London Stock Exchange
at 17.58 pm on Thursday 15th November 2007.

Please note that the purchase price per share is 424.0 and not 324.0 as
previously stated.

All other details remain unchanged.


                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                      JPMORGAN INDIAN INVESTMENT TRUST PLC

                                 TREASURY STOCK


JPMorgan Indian Investment Trust plc has today purchased into treasury 75,000
ordinary shares at 424.0 pence per share.

Following the transaction the remaining shares in issue less the total number of
treasury shares is 103,516,874. The Company will only re-issue shares held in
treasury at a premium to net asset value.


15th November 2007



For further information, please contact:

Andrew Norman
JPMorgan Asset Management (UK) Limited, 020 7742 6000


Shamus Henderson
Cazenove
0207 155 8007


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