Asset Analysis

JPMorgan Fleming Smaller Cos IT PLC
9 December 2003

ASSET ANALYSIS AS AT 30th November 2003

JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                          % funds as at 30/11/03
UK FTSE 100                                                                    0
UK FTSE 250 (excluding IC's)                                                  23
FTSE Small Cap (excluding IC's)                                               84
IC income and capital shares                                                   0
Other IC's                                                                     0
AIM OFEX                                                                       0
International equities                                                         0
Cash/cash equivalents                                                         -7
                                                                             100



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