ASSET ANALYSIS

JPMorgan Fleming Smaller Cos IT PLC
13 October 2003


ASSET ANALYSIS AS AT 30th September 2003                                 
                                                                              
  JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc                     
                                                      % funds as at 30/09/03  
  UK FTSE 100                                                               0 
  UK FTSE 250 (excluding IC's)                                             26 
  FTSE Small Cap (excluding IC's)                                          80 
  IC income and capital shares                                              0 
  Other IC's                                                                0 
  AIM OFEX                                                                  0 
  International equities                                                    0 
  Cash/cash equivalents                                                    -6 
                                                                          100 
                                                                              

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