Ten Largest Investments

JPMorgan Fleming Japanese Smllr Cos
04 January 2006


30- December- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments

JPMorgan Fleming Japanese Smaller Investment Trust

Sugi Pharmacy                                                                3.3
ARRK                                                                         2.7
K.K.DaVinci Advisors                                                         2.4
Matsui Securities                                                            2.4
Ibiden                                                                       2.3
Shoei Company                                                                2.2
PAL                                                                          2.2
Urban                                                                        2.2
Sparx Asset Management                                                       2.1
Advanced Media                                                               2.0
                                                                            23.8


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