Transaction in Own Shares

JP Morgan Mid Cap Invest Trust PLC 
03 May 2007



                          STOCK EXCHANGE ANNOUNCEMENT

                     JPMORGAN MID CAP INVESTMENT TRUST PLC

                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION


JPMorgan Mid Cap Investment Trust plc announces that today in the market it
purchased for cancellation 125,000 ordinary shares at 746.0 pence per share
representing 0.42% of the ordinary shares in issue.

The current repurchase authority for 4,562,206 shares was approved by
shareholders on 7th November 2006.  To date 805,000 shares have been repurchased
under this authority.

The remaining shares in issue following this repurchase totals 29,630,000.


3rd May 2007


For further information, please contact:

Andrew Norman
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000

Gavin Tooke
Dresdner Kleinwort Wasserstein - Stockbrokers to the Company
0207 623 8000



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