Top Ten Investments-Amend

JPMorgan Flem Russian Secs PLC
2 February 2005


THE FOLLOWING REPLACES THE GEOGRAPHICAL DISTRIBUTION ANNOUNCEMENT RELEASED TODAY
AT 12.39 P.M. UNDER RNS NO 1098I.  THE HEADLINE SHOULD BE TOP 10 INVESTMENTS AND
NOT GEOGRAPHICAL DISTRIBUTION.



  January-05                                                                  
  JPMorgan Fleming Investment Trust                                           
  Ten Largest Investments                                                     
  in % of Total Assets.                                                       
                                                                                                                        
                                                                              
  *Includes Investment in Fixed Interest stocks                               
  Ten Largest Investments                                                     
  JPMorgan Fleming Russian Securities                                         
  Vimpel Communications ADR                                             13.9 
  JSC MMC Norilsk Nickel                                                13.8 
  Lukoil ADR                                                            13.4 
  Gazprom ADS                                                           12.6 
  Surgutneftegaz ADR                                                    12.3 
  Sberbank Rossii                                                        9.8 
  Mobile Telesystems ADS                                                 7.9 
  RAO Unified Energy                                                     7.0 
  RBC information                                                        3.9  
  OAO Pharmacy                                                           3.2 
                                                                        97.8 





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