Holding(s) in Company

RNS Number : 4556Z

JPMorgan US Discovery IT PLC

18 July 2008

Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

JPMorgan US Discovery Investment Trust Plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Change to Issued Share Capital

YES

3. Full name of person(s) subject to notification obligation:

JPMorgan Chase & Co

4. Full name of shareholder(s) (if different from 3):

JPMorgan Asset Management (UK) Limited

5. Date of transaction (and date on which the threshold is crossed or reached if different):

30 June 2008

6. Date on which issuer notified:

18 July 2008

7. Threshold(s) that is/are crossed or reached:

14%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB0003417101	892,386	892,386	892,386		892,386		14.06%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

892,386

14.06%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Total disclosable holding for JPMorgan Chase & Co. : 892,386 (14.06%)

Holdings by controlled undertakings of JPMorgan Chase & Co. are as follows:

JPMorgan Asset Management (UK) Limited: 892,386 (14.06%)

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Please note the group has other holdings which are covered by exemptions.

14 Contact name:

Tracey Young

15. Contact telephone name:

020 7325 4513

For notes on how to complete form TR-1 please see the FSA website.

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in shares

A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	JPMorgan Chase & Co
Contact address (registered office for legal entities)	270 Park Avenue, New York, NY10017
Phone number & email	001 212 270 6000
Other useful information (at least legal representative for legal persons)	N/A