Transaction in Own Shares

JPMorgan Japanese Inv. Trust PLC
18 September 2007



                       LONDON STOCK EXCHANGE ANNOUNCEMENT



                     JPMORGAN JAPANESE INVESTMENT TRUST PLC



                 REPURCHASE OF ORDINARY SHARES FOR CANCELLATION




JPMorgan Japanese Investment Trust plc today purchased 460,000 ordinary shares
for cancellation at 199.31 pence per share.


Following the transaction the remaining shares in issue total 177,503,919.





18th 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




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