Top Tens at 31 May 2005

JPMorgan Fleming Japanese Smllr Cos
2 June 2005

31- May- 05                                                                
JPMorgan Investment Trust                                                  
Ten Largest Investments                                                    
in % of Total Assets.                                                      
                                                                                                 
Ten Largest Investments                                                    
JPMorgan Fleming Japanese Smaller Investment Trust                         
Mediceo                                                                3.5 
Sugi Pharmacy                                                          3.5 
Kyoden                                                                 2.8 
NEC Fielding                                                           2.7 
Usen                                                                   2.3 
FT Communications                                                      2.1 
Sawai Pharmaceutical                                                   2.1 
Sanrio                                                                 2.0 
Rex                                                                    1.8 
Kirin Beverage                                                         1.8 
                                                                      24.6 
                      
                      This information is provided by RNS
            The company news service from the London Stock Exchange