Transaction in Own Shares

JPMorgan Japanese Inv. Trust PLC
02 August 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT

                     JPMORGAN JAPANESE INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

JPMorgan Japanese Investment Trust plc today purchased 11,000 ordinary shares
for cancellation at 220.62 pence per share.

Following the transaction the remaining shares in issue total 180,223,919.


2nd August 2007


For further information, please contact:

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

Gavin Tooke
Dresdner Kleinwort - Stockbrokers to the Company
0207 623 8000






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