Interim Management Statement

JPMorgan Emerging Mkts Invest Trust
28 April 2008

                 JPMorgan Emerging Markets Investment Trust plc

                    Interim Management Statement (unaudited)

                   For the three months ended 31st March 2008


This interim management statement relates to the quarter from 1st January 2008
to 31st March 2008 and contains information that covers that period, unless
otherwise stated.



Financial performance - Cumulative Total Return *


                           1 month          3 months      1 Year      3 Years      5 Years     10 Years
Share price                  -7.6%            -13.4%       11.3%       127.3%       366.9%       239.8%
Net asset value              -7.4%            -14.9%       13.1%       119.7%       341.5%       206.9%
Benchmark                    -5.2%            -10.9%       19.7%       105.2%       263.7%       168.7%



* total return with net dividends reinvested

Source: JPMAM/Fundamental Data



Financial position


                             As at 31st March 2008                As at 25th April 2008
Total assets                               £511.5m                              £554.2m
Share price                                 419.5p                               472.0p
Net asset value                             463.7p                               502.5p
Discount                                      9.5%                                6.07%
Gearing                                      99.5%                                99.4%



Share prices shown are closing bid

Source: JPMAM/Fundamental Data


Material events


There were no material events to report in this financial quarter.


Material transactions


Changes to share capital


                                                             Ordinary Shares of 25p

Shares in issue as at 1st January 2008                       110,303,742
Shares bought back and cancelled
Shares issued - new                                          -
Shares in issue as at 31st March 2008                        110,303,742



The Company has not repurchased or issued any shares in this financial quarter.





Portfolio



Top ten holdings as at 31st March 2008


Stock name                              Sector                                 Weight %
Petroleo Brasileiro                     Energy                                 7.3
Companhia Vale de Rio Doce              Materials                              6.3
America Movil                           Telecommunication Services             4.1
Housing Development Finance             Financials                             2.9
Sasol                                   Energy                                 2.6
Bharti Airtel                           Telecommunication Services             2.3
Impala Platinum                         Materials                              2.2
MTN                                     Telecommunication Services             2.2
Hon Hai Precision                       Information Technology                 2.1
Mechel                                  Materials                              2.0



Sector analysis as at 31st March 2008


Sector                                                Portfolio %
Financials                                            23.4
Materials                                             17.5
Telecommunication Services                            12.3
Consumer Discretionary                                12.0
Energy                                                10.8
Consumer Staples                                      9.8
Information Technology                                5.2
Industrials                                           4.6
Health Ccare                                          3.5
Utilities                                             1.0
Cash                                                  -0.1
Total                                                 100.00



Geographical Analysis as at 31st March 2008


Country                                               Portfolio %
Brazil                                                19.9
India                                                 11.6
South Africa                                          10.4
Mexico                                                9.4
Russia                                                9.1
China                                                 8.2
South Korea                                           7.0
Hong Kong                                             5.3
Taiwan                                                4.0
Egypt                                                 2.9
United Arab Emirates                                  2.3
Indonesia                                             2.0
Israel                                                1.7
Argentina                                             1.7
Austria                                               1.4
Other                                                 3.2
Cash                                                  -0.1
Total                                                 100.00



By order of the Board
Jonathan Latter, for and on behalf of
JPMorgan Asset Management (UK) Limited, Secretary


28th April 2008



Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ
Telephone: [phone]



This interim management statement has been prepared solely to provide
information to meet the requirements of the UK Listing Authority's Disclosure
and Transparency Rules.



Please note that up to date information on the Company, including daily NAV and
share prices, factsheets and portfolio information can be found at
www.jpmemergingmarkets.co.uk


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