Geographical Distribution

JPMorgan Fleming Smaller Cos IT PLC
12 May 2004



                    JPMORGAN FLEMING INVESTMENT TRUST        
                GEOGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS 
                         AS AT 30th April 2004


           JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST
           
                                                                        %
United Kingdom                                                      100.8
Cash                                                                 -0.8
                                                                      100


                      This information is provided by RNS
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