Total Voting Rights

JPMorgan Smaller Cos IT PLC
02 January 2008



                           STOCK EXCHANGE ANNOUNCEMENT

                            VOTING RIGHTS AND CAPITAL

                  JPMORGAN SMALLER COMPANIES INVESTMENT TRUST PLC

In conformity with the Transparency Directive, we would like to notify the
market of the following:

As at 31st December 2007, JPMorgan Smaller Companies Investment Trust plc's
capital consisted of 20,579,983 ordinary 25 pence shares with voting rights.
JPMorgan Smaller Companies Investment Trust plc does not hold any shares in
treasury.

Therefore, the total number of voting rights in JPMorgan Smaller Companies
Investment Trust plc as at 31st December 2007 was 20,579,983.

The above figure (20,579,983) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, JPMorgan Smaller Companies
Investment Trust plc under the FSA's Disclosure and Transparency Rules.

2nd January 2008


For further information, please contact:

Lucy Dina
For and on behalf of
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000


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