Sector Breakdown

JPMorgan Fleming Japanese Smllr Cos
17 February 2003


JP Morgan Fleming Investment Trust                                    
Sector Breakdowns in % of Total Assets                                


JPMorgan Fleming Japanese Smaller Companies Investment Trust          
Cyclical Services                                                 32.1
General Industries                                                20.3
Information Technology                                            15.0
Cyclical Consumer Goods                                           12.4
Basic Industries                                                   6.2
Non-Cyclical Consumer Goods                                        4.4
Financials                                                         4.0
Cash                                                               3.9
Non-Cyclical Services                                              1.7
Resources                                                            -
Total                                                            100.0


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