Transaction in Own Shares

JP Morgan Mid Cap Invest Trust PLC 
15 March 2006


                          STOCK EXCHANGE ANNOUNCEMENT

                     JPMORGAN MID CAP INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Mid Cap Investment Trust plc announces that today in the market it
purchased for cancellation 50,000 ordinary shares at 571.00 pence per share
representing 0.15% of the ordinary shares in issue.

The current repurchase authority for 5,117,436 shares was approved by
shareholders on 2nd November 2005.  To date 2,049,000 shares have been
repurchased under this authority.

The remaining shares in issue following this repurchase totals 32,090,000.


15th March 2006


For further information, please contact:

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

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



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