Geographical Breakdowns-Amend

JPMorgan Fleming Japanese Smllr Cos
15 October 2004


THIS ANNOUNCEMENT REPLACES THE PREVIOUS ANNOUNCEMENT RELEASED UNDER RNS NUMBER
8470D, DATED 7TH OCTOBER 2004.

FINALLY, THIS ANNOUNCEMENT ALSO REPLACES JPMORGAN FLEMING JAPANESE SMALLER
COMPANIES INVESTMENT TRUST PLC'S GEOGRAPHICAL BREAKDOWN.  THE FIGURE PREVIOUSLY
REPORTED 87.4% AND 12.6% CASH.  THE CORRECT FIGURES SHOULD HAVE BEEN STATED AS
88.8% AND 11.2% CASH, RESPECTIVELY.

ALL OTHER DETAILS REMAIN THE SAME.


                         JPMORGAN FLEMING INVESTMENT TRUST               
                    GEOGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS AS AT
                                  30th September 2004


JPMORGAN FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST

                                                                       %
Japan                                                               88.8
Cash                                                                11.2
                                                                     100


                      This information is provided by RNS
            The company news service from the London Stock Exchange