Ten Largest Investments

JPMorgan Fleming Eur Fldglng IT PLC
3 February 2004


Jan-04

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


Ten Largest Investments
JPMorgan Fleming European Fledgeling Investment Trust

FF European Discovery Fund                                   13.4
Havas                                                         1.6
Exact Holdings                                                1.5
Panca Popolare Di Milano                                      1.5
Group Steria                                                  1.4
Valora Holdings                                               1.4
Koniklijke Wessanen                                           1.4
Marzotto & Figli                                              1.4
Credito Emiliano                                              1.4
SR Teleperformance                                            1.4
                                                             26.4


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