Holding(s) in Company

JPMorgan Asian Investment Tst PLC
28 April 2008



Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex


TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
                                                                  JPMorgan  Asian Investment Trust PLC
2. Reason for notification (yes/no)
                                                                                           Yes

An acquisition or disposal of voting rights                                                NO

An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached                                  NO

An event changing the breakdown of voting rights                                           NO

Other (please specify):______________
                                                        

3. Full name of person(s) subject to notification        City of London Investment Management Company Limited
obligation:


4. Full name of shareholder(s) (if different from 3):
                                                         

5. Date of transaction (and date on which the threshold  21st April, 2008
is crossed or reached if different):
                                                         

6. Date on which issuer notified:                        23rd April, 2008
                                                        

7. Threshold(s) that is/are crossed or reached:          5 %


8: Notified Details
A: Voting rights attached to shares


Class/type of     Situation previous to the      Resulting situation after the triggering transaction
shares            triggering transaction
                  Number of     Number of voting Number of    Number of voting rights   Percentage of voting rights
If possible use   shares        rights           shares
ISIN code

                                                              Direct     Indirect       Direct       Indirect
GB0001320778      7,807,842    7,807,842         8,007,842               8,007,842                    5.00 %


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial        Expiration date     Exercise/ conversion     No. of voting rights    Percentage of voting
instrument                                   period/date              that may be acquired    rights
                                                                      (if the instrument
                                                                      exercised/converted)



Total (A+B)


Number of voting rights                                  Percentage of voting rights

8,007,842                                                5.00%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are
effectively held, if applicable:

All Voting Rights on all Shares are controlled by City of London Investment Management Limited.
Proxy Voting:


10. Name of proxy holder:                      Held through City of London Investment Management Limited

11. Number of voting rights proxy holder will cease to
hold:

12. Date on which proxy holder will cease to hold voting
rights:

13. Additional information:

14 Contact name:                               Jay McKenna or Clayton Gillece

15. Contact telephone name:                    [e-mail]  or [e-mail]


                                                001-610-380-0121 or
                                                001-44-(0)207-860-8332


For notes on how to complete form TR-1 please see the FSA website.



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