Ten Largest Investments-Amend

JPMorgan Flem Russian Secs PLC
4 February 2004


THIS ANNOUNCEMENT REPLACES ANNOUNCEMENT MADE ON THE
3RD FEBRUARY 2004 UNDER RNS: 9627U. THE CHANGES RELATE TO
JPMORGAN FLEMING RUSSIAN SECURITIES WHERE WE HAVE NOW
GIVEN STOCK CLASSIFICATION. ALL OTHER DETAILS REMAIN THE SAME.

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


Ten Largest Investments
JPMorgan Fleming Russian Securities

Surgutneftegas ADR                                                     15.6 
Lukoil ADR                                                             14.6
JSC Mmc Norilsk                                                        13.3 
Sberbank                                                               10.2 
Gazprom ADR                                                             7.5
Mobil Telesystems ADR                                                   6.1
Yukos ADR                                                               5.6
Vimpel Communications ADR                                               5.6
Rao Unified Energy System GDR                                           5.1
Rostelecom ADR                                                          3.3
                                                                        
                                                                       86.9
                                                                       
                      This information is provided by RNS
            The company news service from the London Stock Exchange