Top 10 Largest Investments

JPMorgan Fleming Japanese Smllr Cos
02 September 2005


31- Aug- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming Japanese Smaller Investment Trust
Sugi Pharmacy                                                               4.2
Sawai Pharmaceutical                                                        3.0
Ibiden                                                                      3.0
En-Japan                                                                    2.5
FT Communications                                                           2.5
Usen                                                                        2.3
Sanrio                                                                      2.1
Mediceo                                                                     2.0
Miraca                                                                      2.0
Meiko Shokai                                                                2.0
                                                                           25.6



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