Topten/Geo./Sector

JPMorgan Fleming American IT PLC
16 September 2003

                    JPMORGAN FLEMING INVESTMENT TRUST               
                  GEORGRAPHICAL BREAKSDOWN % OF TOTAL
                      ASSETS AS AT 31st August 2003

JPMORGAN FLEMING AMERICAN INVESTMENT TRUST
                                                                                    %
North America                                                                    96.8
Cash                                                                              3.2
                                                                                  100


JPMORGAN FLEMING INVESTMENT TRUST                                   SECTOR  BREAKSDOWN
% OF TOTAL ASSETS AS AT 31st August 2003                  

JPMORGAN FLEMING AMERICAN INVESTMENT TRUST plc
                                                                                    %
Financials                                                                       22.5
Non-Cyclical Consumer Goods                                                      21.0
Cyclical Services                                                                15.1
Information Technology                                                           14.1
General Industrials                                                               8.9
Resources                                                                         5.9
Non-Cyclical Services                                                             3.6
Cash                                                                              3.2
Utilities                                                                         2.3
Cyclical-Consumer Goods                                                           2.2
Basic Industrials                                                                 0.7
Fixed Interest                                                                    0.5
                                                                                  100

JPMORGAN FLEMING INVESTMENT TRUST
TEN LARGEST INVESTMENTS % OF TOTAL ASSETS AS AT                    31st August 2003

JPMORGAN FLEMING AMERICAN INVESTMENT TRUST
                                                                  Ten Largest
Pfizer                                                                             3.7
Microsoft                                                                          3.0
Citigroup                                                                          2.9
General Electric                                                                   2.9
Exxon Mobil                                                                        2.7
IBM                                                                                2.4
American International                                                             2.1
JPMF America Microcap                                                              1.9
Johnson & Johnson                                                                  1.9
Gannett                                                                            1.7
                                                                                  25.2


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