Asset Analysis

JPMorgan Fleming Smaller Cos IT PLC
10 March 2003


ASSET ANALYSIS AS AT 28th February 2003


JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                             % funds as at 28/02/03

UK FTSE 100                                                                             0
UK FTSE 250 (excluding IC's)                                                           28
FTSE Small Cap (excluding IC's)                                                        83
IC income and capital shares                                                            0
Other IC's                                                                              0
International equities                                                                  0
Cash/cash equivalents                                                                 -11

                                                                                      100


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