10 Largest Equity Investments

JPMorgan Fleming American IT PLC
2 June 2004


May-04
JPMorgan Fleming Investment Trust
Ten Largest Equity Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming American Investment Trust
Pfizer                                                       3.6
Citigroup                                                    3.0
General Electric                                             2.9
Exxon Mobil                                                  2.9
Microsoft                                                    2.8
American International                                       2.5
Johnson & Johnson                                            2.3
Fleming US Discovery III Fund                                2.3
IBM                                                          2.3
JPMF America Micro Cap                                       2.1
                                                            26.7



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