Transaction in Own Shares

JPMorgan Japanese Inv. Trust PLC
05 September 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT





                     JPMORGAN JAPANESE INVESTMENT TRUST PLC





                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION





JPMorgan Japanese Investment Trust plc today purchased 500,000 ordinary shares
for cancellation at 208.50 pence per share.



Following the transaction the remaining shares in issue total 179,463,919.







5th September 2007





For further information, please contact:



Andrew Norman

JPMorgan Asset Management (UK) Limited, 020 7742 6000





Tom Harris

Dresdner Kleinwort - Stockbrokers to the Company

0207 623 8000






                      This information is provided by RNS
            The company news service from the London Stock Exchange