Geographical Breakdowns

JPMorgan Fleming Smaller Cos IT PLC
5 November 2004



                      JPMORGAN FLEMING INVESTMENT TRUST               
                      GEOGRAPHICAL BREAKDOWNS % OF TOTAL
                                ASSETS AS AT

                              31st October 2004




JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST

                                                                            %
United Kingdom                                                            101.3
Cash                                                                       -1.3
                                                                            100


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