Ten Largest Investments

JPMorgan Flem Russian Secs PLC
04 January 2006


30- December- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


JPMorgan Fleming Russian Securities

Lukoil ADR                                                                  14.1
Surgutneftegaz ADR                                                          14.1
Sberbank Rossii                                                             14.1
JSC MMC Norilsk Nickel                                                      11.2
Vimpel Communications ADR                                                    8.3
Mobile Telesystems ADS                                                       8.2
RBC information                                                              3.9
Rostelcom ADR                                                                3.7
Open Investments                                                             3.7
OAO Pharmacy Chain 36.6                                                      3.1
                                                                            84.4


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