Geographical Distribution

JPMorgan Fleming Smaller Cos IT PLC
8 April 2004


                     JPMORGAN FLEMING INVESTMENT TRUST                                        
        GEORGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS AS AT 31st March 2004         

          JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST          

                                                                        % 
United Kingdom                                                      100.7 
Cash                                                                 -0.7 
                                                                      100 
                                                                    

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