Top Tens at 31 July 2005

JPMorgan Fleming Japanese Smllr Cos
02 August 2005

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


Ten Largest Investments
JPMorgan Fleming Japanese Smaller Investment Trust
Sugi Pharmacy                                                                4.1
Mediceo                                                                      3.3
FT Communications                                                            2.9
Sawai Pharmaceutical                                                         2.8
NEC Fielding                                                                 2.6
Kyoden                                                                       2.4
Usen                                                                         2.4
Ibiden                                                                       2.4
En-Japan                                                                     2.2
J-Bridge                                                                     2.0
                                                                            27.1


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