Issue of Equity

JP Morgan Indian Invest Trust PLC
12 December 2005



                         LONDON STOCK EXCHANGE ANNOUNCEMENT

                        JPMORGAN INDIAN INVESTMENT TRUST PLC

                                   ISSUE OF SHARES


JPMorgan Indian Investment Trust plc announces that today, Monday 12th December
2005, it issued 50,000 ordinary shares to a market participant at 229.50 pence
per share representing 0.05% of the ordinary shares in issue.


The number of shares issued under the current authority totals 1,400,000.  A
further 8,254,036 shares are available for issue under the authority granted at
the EGM held on 1st November 2005.


The shares in issue following this notification are 98,065,392.


12th December 2005



For further information, please contact:


Lucy Sullivan
JPMorgan Asset Management (UK) Limited - Company Secretary
Telephone [phone]







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