Holding(s) in Company

JPMorgan US Discovery IT PLC 03 January 2008 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing shares to JPMORGAN US DISCOVERY INVESTMENT TRUST which voting rights are attached PLC 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X 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):___________________________________________ 3. Full name of person(s) subject to the notification obligation: Bear, Stearns International Trading Limited 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed 27/12/2007 or reached if different: 6. Date on which issuer notified: 28/12/2007 7. Threshold(s) that is/are crossed or reached: Over 6% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction shares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rights using the ISIN Shares Voting shares CODE Rights Direct Direct Indirect Direct Indirect GB0003417101 436,118 436,118 566,250 566,250 6.843% B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting instrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 566,250 6.843% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Sarah Clark 15. Contact telephone number: 020 7516 6602 Annex Notification Of Major Interests In Shares A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities) Bear Stearns Internatioanl Trading Limited Contact address (registered office for legal entities) One Canada Square, London E14 5AD Phone number 020 7516 6602 Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange
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