Holding(s) in Company

JPMorgan US Discovery IT PLC
18 September 2006

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

     JPMORGAN US DISCOVERY INVESTMENT TRUST PLC

2)   Name of shareholder having a major interest


     CLOSE WEALTH MANAGEMENT LIMITED

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

     NA

5)   Number of shares/amount of stock acquired

     NA

6)   Percentage of issued class

     NA

7)   Number of shares/amount of stock disposed

     NA

8)   Percentage of issued class

     NA

9)   Class of security

     ORDINARY 25P SHARES

10)  Date of transaction

     NOT NOTIFIED

11)  Date company informed

     18 SEPTEMBER 2006

12)  Total holding following this notification

     PLEASE NOTE THAT THIS COMPANY NO LONGER HOLDS A NOTIFIABLE INTEREST IN THE
     SHARES OF JPMORGAN US DISCOVERY INVESTMENT TRUST PLC

13)  Total percentage holding of issued class following this notification

     0.03%

14)  Any additional information

     N/A

15)  Name of contact and telephone number for queries

     VICTORIA STREATER  020 7742 5485

16)  Name and signature of authorised company official responsible for
     making this notification

     LUCY SULLIVAN


Date of notification: 18 SEPTEMBER 2006


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