Ten Largest Investments

JPMorgan Russian Securities PLC
02 May 2008


30 April 08
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.

Ten Largest Investments
JPMorgan Russian Securities

Sberbank of Russia                                                          12.1
Mechel ADR                                                                  11.0
Open Investments                                                             8.4
JSC MMC Norilsk Nickel ADR                                                   8.0
Magnit                                                                       4.7
Cherepovets Severstal GDR                                                    4.7
Tatneft GDR                                                                  4.2
Severstal Auto                                                               3.8
Aeroflot                                                                     3.6
Magnitogorsk Iron & Steel GDR                                                3.5

                                                                            64.0



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