Asset Analysis

JPMorgan Fleming Smaller Cos IT PLC
11 September 2006



                     ASSET ANALYSIS AS AT 31st August 2006



            JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                                 % funds as at
                                                                    31/08/06

UK FTSE 100                                                             0
UK FTSE 250 (excluding IC's)                                           29
FTSE Small Cap (excluding IC's)                                        56
IC income and capital shares                                            0
Other IC's                                                              0
AIM OFEX                                                               14
International equities                                                  0
Cash/cash equivalents                                                   1
                                                                      100


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