Subscription Shares

JPMorgan Chinese Inv Tst PLC
16 April 2008



JPMorgan Chinese Investment Trust plc



16 April 2008



Conversion Prices for Subscription Shares



JPMorgan Chinese Investment Trust plc (the 'Company') announces that following
the passing of all the resolutions proposed at the Company's General Meeting
held on 14 April, shareholders approved, inter alia, the Bonus Issue of
Subscription Shares as described in the Company's Prospectus dated 18 March
2008.



Application has been made to list 14,136,407 Subscription Shares (TIDM: JMCS,
ISIN:GB00B2PNJ662) and trading is expected to commence on 16 April 2008.



The Conversion Prices of the Subscription Shares, calculated as at the close of
business on 11 April 2008 and based on the Company's Net Asset Value of 129.19
pence, have now been determined and are as follows:

If Subscription Share Rights are exercised in May 2009, 131 pence

If Subscription Share Rights are exercised in May 2010, 143 pence

If Subscription Share Rights are exercised in May 2011, 2012 or 2013, 168 pence



Defined terms used in this announcement shall, unless the context otherwise
requires, bear the meanings given to them in the Circular and Prospectus.





Enquiries:

Richard Plaskett
JPMorgan Asset Management (UK) Limited
020 7742 3422



Jane Lewis
Winterflood Investment Trusts
020 3100 0295





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