Ten Largest Investments

JPMorgan Fleming Eur Fldglng IT PLC
4 November 2003

  Oct-03                                                           

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

  Ten Largest Investments                                          
  JPMorgan Fleming European Fledgeling Investment Trust            

  FF European Discovery Fund                                12.9   
  Valora                                                    1.5    
  Swiss Life                                                1.2    
  Stork                                                     1.2    
  Saurer                                                    1.1    
  Aalberts Industries                                       1.1    
  Koninklijke                                               1.1    
  Zodiac                                                    1.0    
  NRJ Group                                                 1.0    
  Charles Voegele                                           1.0    
                                                            23.1   

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